Ideas of India cover image

Chakravarthi Rangarajan on Monetary Policy After Liberalization

Ideas of India

CHAPTER

The Tax Revolution in India

The Government of India have not been playing fair after this introduction of this thing by unnecessarily raising the census to a very large extent. I think we can do it either stipulating, census cannot be levied beyond one year or something like that. And therefore, the available transfer of resources will be larger than what it is now. That may be the approach we can take. But otherwise, the whole point is that when the I think the 14th Finance Commission raised the ratio, actually what they did was to take away what the Planning Commission was giving and put it in this basket. That's all.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner