Illustration: Jayachandran/MintThe discontent of the southern states shows no signs of abating. In this particular instance, the southern states are correct that using 2011 data is a bad idea — but not for the reasons they have given. It is a clumsy proxy by which to gauge a state’s fiscal needs. This fell sharply to 22.5% in the 8th Finance Commission and as low as 10% by the 11th Finance Commission. Southern states will continue to assist the North in the foreseeable future.
Source: Mint April 02, 2018 00:11 UTC