SC verdict has brought clarity in regulation of co-operatives
Federalism is now the primary axis of Indian politics--and the location of the biggest crises of governance.
A country as diverse as ours needs a political culture rooted in constitutional values and political discourse based on truth, respect, civility, and restraint
If the Finance Commission recommends a smaller tax share for states, the Centre will get more money. On what that would do to 'cooperative federalism', you don't need to guess, writes T N Ninan
States don't issue their own currency, and are by definition a more fragile borrowing construct than the Union. The final solution must reflect this asymmetry
The roots of the trust deficit lie in the unwillingness of the political authorities to invest in cooperative federalism since their priority is to secure and wield power at the central level
Here's a selection of Business Standard opinion pieces for the day
The WB's suspension of the Index will deal a minor blow to the Indian government because the credibility of the rankings, which the government was trumpeting, is now in tatters
Even BJP-ruled states like Karnataka suggest central govt should borrow to compensate states
Gandhi said the migrants and 13 crore families in the bottom half of the population have been cruelly ignored by the government
Centre-state relations during the battle against Covid-19 have caused cooperative federalism to come under massive stress, says the Punjab CM
Lack of demand ails the economy. But that's not addressed, nor are declining exports; the bad old habit of 'loan melas' is back; and tax has been cut in a way that hurts states, writes T N Ninan
While the GST Council has shown that the federal structure is a workable concept, other flashpoints between the Union and states seem to suggest otherwise
It is time the Centre recognised the early signs of protests from states on various governance issues
It is clear that the divide between the BJP and the TDP - indeed, most Andhra Pradesh parties, such as the YSR Congress - is deep
While the GST has furthered the cause of Indian economic integration, the next prime candidate for such an experiment is power
The spat over the Delhi Metro fare hike shows how the Centre and the Delhi government refused to deal with the central issues of governance
As India tries to improve its ranking in the ease of doing business report of the World Bank from low of 130,Prime Minister Narendra Modi asked states to accord priority for creating a conducive business climate, mixing the the spirit of cooperative federalism with competition to attract investment. And, requested them to maximise use of Aadhaar, the citizen identification system, in their programmes and plans.In the backdrop of farmer unrest, the PM also laid emphasis on agricultural reforms, including e-national agri marketing initiatives. He was addressing a day-long conference of state chief secretaries on a theme of 'States as drivers for transforming India'. Madhya Pradesh's chief secretary talked about the pitfalls of developing too fast on the agriculture front. The PM did not mention the impact of farm debt waivers on fiscal deficits. However, Niti Aayog officials stressed that states could not raise their borrowings beyond the limits set by the Fiscal Responsibility and ...