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IE II Module 1 Notes by moneyheistseason01 is a document available to read on EtoBox.
What is IE II Module 1 Notes about?
The document discusses the impact of fiscal federalism in India since the 1991 economic reforms, highlighting the erosion of state autonomy and the widening inequality between regions and social groups. It critiques the sound finance paradigm that prioritizes fiscal discipline over equitable growth, leading to expenditure compression and a regressive tax system that favors corporate profits over labor. The analysis reveals that despite economic growth, social development and tax mobilization have stagnated,
- Author
- moneyheistseason01
- Language
- EN