Fiscal federalism: Why public finance matters to every citizen
New Delhi, Oct. 5 -- Few subjects are as central to the functioning of government-or as likely to make the average citizen's eyes glaze over-as how governments collect and spend money. But public finance shapes nearly every interaction Indian citizens have with the state.
How much tax revenue will my state receive from the Centre? Will my local government have the resources to invest in the amenities I value? And how can I distinguish between an expensive freebie and a purposeful, targeted cash transfer?
A new book, Fiscal Fables: A Citizen's Guide to Public Finance, demystifies India's public finances for a lay audience and explains public finance concepts using relatable stories and examples. The book is co-written by Sarthak Pradhan and ...
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