All UPSC Mains previous year questions mapped for State Government Fiscal Health: State-FRBM Compliance & Borrowing Limits (Art 293) under Fiscal Federalism and State Finances.
Explain the rationale behind the Goods and Services Tax (Compensation to States) Act of 2017. How has COVID-19 impacted Compensation & the GST compensation fund and created new federal tensions?
Explain how the Fiscal Health Index (FHI) can be used as a tool for assessing the fiscal performance of states in India. In what way Fiscal Health would it encourage the states to adopt prudent and sustainable fiscal policies?
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