Chief Economic Adviser to the Government of India, Arvind Subramanian, on Friday, pointed out that 14 Finance Commissions with their with their 14 ways of tax-sharing perhaps made the process of tax redistribution inconsistent and incoherent.
He was delivering the Business Standard Lecture, If This Were The First Finance Commission, in Mumbai.
Stating that the redistribution component of tax sharing had been rising under successive Finance Commissions, he said that the contribution to tax by the southern states has been rising, while hinterland states such as Bihar, Uttar Pradesh and Chhattisgarh were the biggest beneficiaries of