Arthshastra Indian Journal of Economics & Research

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Fiscal Decentralization and Urban Local Finance in India : A Case Study of Haryana


Affiliations
1 Research Scholar, Department of Commerce, M.D. University, Rohtak - 124 001, Haryana, India
2 Professor, Department of Commerce, M.D. University, Rohtak - 124 001, Haryana, India

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The present paper analyzed the changing contour of Indian federalism after the historical constitutional amendments in 1992 related to Panchayati Raj and urban local bodies. The urban local finance in Haryana, particularly after the historical 74th Constitutional Amendment Act, 1992 has added a new dimension to the fiscal decentralization and fiscal federalism in this country. This analysis was based upon secondary data collected for the period of 10 years (2004-2014) from various sources on income and expenditure of urban local government in Haryana.

Keywords

Centre Finance Commission, Expenditure, Fiscal Federalism, Grant-in-Aid, State Finance Commission, Tax and Non Tax Revenue, Urban Local Bodies

H720, H770, R510

Paper Submission Date : October 3, 2017 ; Paper sent back for Revision : December 4, 2017 ; Paper Acceptance Date : December 11 , 2017.

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  • Fiscal Decentralization and Urban Local Finance in India : A Case Study of Haryana

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Authors

Jagdeep Kumar
Research Scholar, Department of Commerce, M.D. University, Rohtak - 124 001, Haryana, India
Rajpal Singh
Professor, Department of Commerce, M.D. University, Rohtak - 124 001, Haryana, India

Abstract


The present paper analyzed the changing contour of Indian federalism after the historical constitutional amendments in 1992 related to Panchayati Raj and urban local bodies. The urban local finance in Haryana, particularly after the historical 74th Constitutional Amendment Act, 1992 has added a new dimension to the fiscal decentralization and fiscal federalism in this country. This analysis was based upon secondary data collected for the period of 10 years (2004-2014) from various sources on income and expenditure of urban local government in Haryana.

Keywords


Centre Finance Commission, Expenditure, Fiscal Federalism, Grant-in-Aid, State Finance Commission, Tax and Non Tax Revenue, Urban Local Bodies

H720, H770, R510

Paper Submission Date : October 3, 2017 ; Paper sent back for Revision : December 4, 2017 ; Paper Acceptance Date : December 11 , 2017.




DOI: https://doi.org/10.17010/aijer%2F2017%2Fv6i6%2F120116