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Letter to BS: We can expect a huge tranche of economic reforms from May 2

The Centre could offer a larger share of the revenue to states in exchange for greater empowerment of Centre on dual-control subjects

Video conference meeting of Chief Ministers with Prime Minister Narendra Modi, on Covid-19 | Photo: Twitter/ ANI
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Video conference meeting of Chief Ministers with Prime Minister Narendra Modi, on Covid-19 | Photo: Twitter/ ANI

Business Standard
Come May 2 and we can expect a huge tranche of economic reforms. The Centre, if it is as innovative as it seeks  to be bold and authoritarian, may well step into the purview of states to address infrastructure and other issues. It is likely to succeed in this considerably, given the preoccupation of the states with fighting the health concerns and the huge shortfall in revenue. The Centre could offer a larger share of the revenue to states in exchange for greater empowerment of Centre on dual-control subjects. What is equally relevant is that the Centre keeps its ears

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First Published: Apr 29 2020 | 10:57 PM IST

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