May 2024
Intermediate to advanced
504 pages
12h 36m
English
book
The Constitution of India Volume II (With Special Reference to Indian Polity) | Entire Polity Explained in Tabular Format | 1st Edition | - Pearson
by Bhagyawan Ghaturkar
Content preview from The Constitution of India Volume II (With Special Reference to Indian Polity) | Entire Polity Explained in Tabular Format | 1st Edition | - Pearson
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Articles 264 to 293 in Chapter I, Part XII deals with financial relations between Union and States. |
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Need for Distribution of Financial Resources |
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It is necessary to ensure equitable distribution of financial resources between the two units of the federation. |
If any federal system is to be successful there must be adequate financial resources at the disposal of both the Union and States. |
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This enables them to discharge their respective responsibilities under the Constitution. |
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To achieve this objective, our constitution has made elaborate provisions, relating to the distribution of the taxes as well as non-tax revenues, ... | |
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