The fiscal challenge to Kerala’s development 1 January 2023
The fiscal challenge to Kerala’s development Through a detailed blueprint for Kerala’s future economy, the State government should allay the fears about its financing plans केरल की भविष्य की अर्थव्यवस्था के लिए एक विस्तृत खाका के माध्यम से, राज्य सरकार को अपनी वित्तपोषण योजनाओं के बारे में आशंकाओं को दूर करना चाहिए Kerala’s development possibilities are being crippled पंगु by a fiscal crisis 1 While the critics allege extravagance in government operations, the State government blames the Centre for its troubles. 2 ‘vertical fiscal imbalance ’: the power to raise most of the taxes is entrusted with the Union government while the bigger chunk of the spending is done by the State governments. कमाई करने के साधन Other than State Goods and Services Tax (SGST), the only sources of revenue for the States are 🌺 stamp duty 🌺and registration fee on property transactions and on vehicles; 🌺 sales tax and excise duty on a few commodities such as alcohol; ...