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By the Way Mr Chairman: Public Spending is a Constitutional Requirement – Countercurrents
The 15th Finance Commission is about to write its recommendations in India. The Chairman NK Singh is the same man who wrote a report on the functioning of the Fiscal Responsibility and Budget Management Act 2003 (FRBMA2003) on January 19th 2017, in which he found it reasonable to repeat that State and Central Governments should stick to the Act and[Read More...]