文章基本信息

标题：PLANNING COMMISSION AND FINANCE COMMISSION IN INDIA
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作者：Dr. Kuldeep Walia
期刊名称：International Journal of Computing and Business Research
电子版ISSN：2229-6166
出版年度：2013
卷号：4
期号：3
出版社：International Journal of Computing and Business Research
摘要：India is a Union of States having federal system of finance. All sources of income and expenditure stand distributed amongst the Union government, State government and local governments, in the form of Central List, State List and concurrent List. The Constitution of India provides for the appointment of finance commission after every five years, even though new finance commission can earlier be appointed by the President of India. Thus it is a continuous process. Finance Commission generally presents its recommendations with regard to allocation of revenue between the Centre and the States. On the other hand Planning Commission help in the formulation of the State Plans, tries to fit them, in an overall perspective of the nationwide strategy of economic growth. For the smooth working of the system some sort of co-ordination should exist between the Finance Commission and the Planning Commission