A watershed 14th Finance Commission (GS paper 3 ,Business Standard)

 (Old article but very important.Read to understand the implications of recommendations made by 14th FFC ) It is clear that the far-reaching recommendations of the 14th Finance Commission, along with the creation of NITI Aayog, will radically alter Centre-state fiscal relations The report of the Fourteenth Finance Commission (FFC) was tabled in Parliament yesterday.