'The recommendations of the 15th Finance Commission have enabled the States to improve their fiscal conditions.' Comment.
Introduction
18 words
Main Body
Recommendations of 15th FC 1) Vertical devolution = 41% of divisible pool of taxes 2) 1% devolution to Defence Fund for CAPF, Armed Forces (Naivedyam Suraksha Kosh) 3) Revenue deficit grants of ₹2.6 lakh crore to 17 states 4) Performance based grants to sectors (Healthcare, education, Agriculture etc) to tune of ₹1.3 lakh crore 5) Fund allocation to National Disaster Response Fund NDRF
— Madhvendra Pratap Singh · AIR 153
Conclusion
12 words
Diagram
Flow diagram showing 'Challenges' with two branches: Horizontal inequity and Rising Revenue deficit
Madhvendra Pratap Singh
Federal Structure - Functions, Responsibilities, Devolution of Powers and Finances
Centre-State Financial Relations
15th Finance Commission Recommendations
167
Total words
1
Paragraphs
analytical
Tone