On, OoruLabs, India's premier urban issues podcast,

We speak with Pranay Kotasthane. He is the deputy director of Takshashila Institution, an independent centre for research and education in public policy. He teaches topics in public policy, international relations, and public finance at Takshashila's graduate and post-graduate programmes. We dwell on the current controversy on sharing of monies from Union to the states and the alleged injustice to the southern states which seem to be published for doing well economically.

Are the tax devolutions politically influenced? Why are states so dependent on the union government for monies? Are there deficiencies and discretion in the devolution of the tax monies? What are the other amounts nobody is talking about? Is the centre keeping too much money to itself? Are states doing a good job of raising and spending monies?

Stock video and picture credits to various contributors on insightsonindia, drishtiias, openbudgetsindia, abplive, New Indian Express, clearIAS, population foundation of India, K Raja, the India Forum, civilspedia and others. All rights belong to respective owners.
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Income disparity and what it takes to equalise by Palanivel Thiaga Rajan - https://frontline.thehindu.com/econom...
Finance Commission of India - https://fincomindia.nic.in
Missing In Action : Why You Should Care About Public Policy by Pranay Kotasthane, Raghu S. Jaitley - https://amzn.eu/d/8UAS1XT
Takshashila Institution - https://takshashila.org.in/
Population Foundation of India - https://www.populationfoundation.in/
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Timecodes
00:00 - Introduction & context
01:44 - Political/fiscal federalism
11:32 - Central pot of money
17:10 - GST distribution
20:25 - Money from the pot to states
22:57 - Imperfect formula
30:25 - Rewarding population
39:10 - Fiscal prudence by states
44:32 - Ministerial Grants
47:28 - State finance commission
52:13 - Missing in Action
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