Fiscal Federalism in India since 1991
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Questions and Answers

What was dichotomised into political and fiscal parts after the reforms in 1991?

  • Market regulations
  • Social welfare
  • Federalism (correct)
  • Economic growth
  • What paradigm's theoretical infirmities have generated contradictions in India's fiscal federalism since 1991?

  • Monetary policy paradigm
  • Supply-side economics paradigm
  • Sound finance paradigm (correct)
  • Keynesian economics paradigm
  • What has eroded the relative autonomy of the state in India since 1991?

  • Wage–surplus distribution in favor of labor
  • Sound fiscal policies
  • Political drive to facilitate macroeconomic expansion (correct)
  • Strong federal provisions
  • Who are the authors of the article 'Fiscal Federalism’ in India since 1991 Infirmities of Sound Finance Paradigm'?

    <p>Chirashree Das Gupta and Surajit Mazumdar</p> Signup and view all the answers

    What has been a feature of India's social and economic trajectory at least since the 1960s?

    <p>Widening regional disparity</p> Signup and view all the answers

    Who teaches at the Centre for Economic Studies and Planning, Jawaharlal Nehru University, New Delhi?

    <p>Surajit Mazumdar</p> Signup and view all the answers

    What has the process of economic reforms since 1991 accentuated?

    <p>Regional disparity between and within states</p> Signup and view all the answers

    What is a characteristic of the intensification of regional disparity mentioned in the text?

    <p>Wider sectoral disparities, especially between agriculture and non-agriculture</p> Signup and view all the answers

    What has remained practically unchanged in terms of per capita income levels in the last three decades?

    <p>The relative ranks of different states</p> Signup and view all the answers

    Which state was designated as a 'miracle' in the corporate media after the first National Democratic Alliance (NDA) government came to power in November 2005?

    <p>Bihar</p> Signup and view all the answers

    What showed sturdy resistance to any buoyant response to economic growth in low-income states?

    <p>Tax to gross state domestic product (GSDP) ratios</p> Signup and view all the answers

    What has had very little impact on social disparities within low-income states even in terms of the minimum indices of human development?

    <p>The content of growth in low-income states</p> Signup and view all the answers

    What has become muted 25 years after the economic reforms in India?

    <p>Debates around federalism</p> Signup and view all the answers

    What informed not only the making of the Indian Constitution but also shaped the politics of centre–state relations?

    <p>'Federalism' after independence</p> Signup and view all the answers

    What started growing faster than the national average for a period of about five years since 2005?

    <p>Four low-income states of India</p> Signup and view all the answers

    What increased for Bihar government along with an evident negative divergence in per capita development expenditure from the national average by 2010–11?

    <p>Reliance on central resources for development expenditure</p> Signup and view all the answers

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