Knowledge Themes
Part XII of the Constitution
Article 280 (Finance Commission)
101st Amendment Act (GST)
GST Council
Article 275 (Statutory Grants)
Article 282 (Discretionary Grants)
Article 293 (Borrowing by States)
Article 271 (Surcharge and Cess)
Vertical and Horizontal Devolution
Sarkaria Commission
Punchhi Commission
NITI Aayog
Fiscal Responsibility and Budget Management (FRBM) Act
Cooperative Federalism
Centrally Sponsored Schemes (CSS)
Structural Subtopics
- Constitutional provisions under Articles 268 to 293
- Composition and functions of the Finance Commission under Article 280
- Vertical and horizontal devolution of tax proceeds
- Impact of Goods and Services Tax on state fiscal autonomy
- Role and structure of the GST Council
- Statutory and discretionary grants-in-aid under Articles 275 and 282
- Mechanisms of vertical and horizontal fiscal imbalances
- Borrowing powers and limitations of states under Article 293
- Fiscal Responsibility and Budget Management Act and its impact on states
- Role of NITI Aayog in cooperative and competitive federalism
- Taxation powers of local bodies under 73rd and 74th Amendments
- Impact of Centrally Sponsored Schemes on state finances
- Recommendations of the 15th and 16th Finance Commissions
- Cess and surcharges and their exclusion from the divisible pool
- Fiscal implications of Article 360 during financial emergencies
Study Material
Full AI-synthesized study material for Centre-State Financial Relations & Fiscal Federalism is being calibrated.
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