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M. Govinda Rao
M. Govinda Rao was a member of the Fourteenth Finance Commission, and former Director, National Institute of Public Finance and Policy (NIPFP) at New Delhi.
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States’ loss of fiscal autonomy in a centralised federal system
The Indian states bear the larger responsibility in dealing with Covid-19, but they have few resources to do so. In this post, M. Govinda Rao argues that the ongoing process of centralisation has weakened the states, and that we need an institutional mechanism to oversee bargaining between the Centre and the states.
Goods and Services Tax in India: Challenges and prospects
The Finance Ministry recently announced that the Goods and Services Tax will soon be a reality. In this article, M. Govinda Rao – member of the 14th Finance Commission – discusses the challenges and prospects of transitioning to GST. He contends that given the multitude of stakeholders and contentious issues involved in the negotiations, finalising and operationalising the tax structure will take time, and that it is unrealistic to expect a “flawless” GST.