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    HomeNewsOpinionThe finance commission should focus on increasing the size of the cake rather than its distribution

    The finance commission should focus on increasing the size of the cake rather than its distribution

    In 2011-12 the divisible pool made up 88 per cent of the union government’s tax revenue, but it fell to 77 per cent of the budget for 2024-25

    Subir Roy
    March 04, 2024 / 10:39 IST
    The foremost reality in Indian public finance is an imbalance -- the states have a higher responsibility to spend but inadequate means of raising revenue.
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