sábado, 13 de abril de 2019

Wealth of the Nation | Lifestyle News, The Indian Express

Wealth of the Nation | Lifestyle News, The Indian Express

Written by K. Subramanian |Published: April 13, 2019 6:53:11 am



Wealth of the Nation

A testament of faith in India’s commitment to fiscal federalism and notes for the way ahead

Wealth of the Nation
K Brahmananda Reddy (centre) presiding over the first meeting of the Finance Commission in New Delhi on July 14, 1972 (Express archive)


In recent years, studying fiscal federalism issues has become the preserve of reformists advocating austerity and consolidation. Not so for Dr YV Reddy. He is a development economist at heart, with long years of service in central and state ministries and the Reserve Bank of India. He has been grappling with fiscal federalism issues for years. In his lectures and articles, one discerns a running stream of ideas honed over the years. The book under review is a milestone in his research career.

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