Under the 15th Finance Commission, the Narendra Modi government has come up with a new mechanism to decide the financial expenditure pertaining to defence and internal security.
Under the 15th Finance Commission, the Narendra Modi government has come up with a new mechanism to decide the financial expenditure pertaining to defence and internal security. Changes in terms of reference are being made without any consultation with the state governments. This move by the Centre is weakening the federal structure of India. Senior finance journalist A K Bhattacharya elaborates.