KashmirLife

The Shishya Is Rebelling: Drabu Calls for New Federal Compact as Rangarajan Backs Deeper Debate

CHENNAI: Indias fiscal federalism is increasingly out of sync with the countrys transformed political economy, and the time has come for a new federal compact that treats states as active economic agents rather than passive recipients of central transfers, economist and former Jammu and Kashmir Finance Minister Dr Haseeb A Drabu argued on Tuesday. Delivering []