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This work provides a detailed description and analysis of the evolution and the present nature of Centre-State financial relations in india. It explains the existing constitutional arrangements for intergovernmental financial relations in india. It explains the existing constitutional arrangements for intergovernemental financial transfers and the role of the finance Commision in effecting these transfer and the role of the finance Commision and the Planning Commision in effecting these transfer. It will also serve the needs of legislators, government functionaries and those in industry and trade.
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