NITI Aayog's fiscal health index needs clarity and better data use

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NITI Aayog's fiscal health index needs clarity and better data use - Business Standard

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By and large, in India, fiscal performances are judged from the viewpoint of tax policy, on the one hand, and the deficits and debt of the Union government, on the other.

Despite the fact that the Constitution assigns the states a predominant role in the provision of social services and co-equal responsibility in economic services, their fiscal performance has not received much focus.