International Journal of Multidisciplinary Research and Development

International Journal of Multidisciplinary Research and Development


International Journal of Multidisciplinary Research and Development
International Journal of Multidisciplinary Research and Development
Vol. 5, Issue 3 (2018)

Fiscal federalism in India and Canada: A comparative study


Dr. BN Harisha

The traditional Theory of fiscal federalism lays out a general normative framework for the assignment of functions to different levels of government and the appropriate fiscal instruments for carrying out these functions. This Theory contends that the central government should have the basic responsibility for the macroeconomic stabilization function and for income distribution in the form of assistance to the poor. Decentralized levels of government have their responsibility in the provision of goods and services whose consumption is limited to their own jurisdictions. The present paper makes attempt to bring out the comparision of both India and Canada’s federal fiscal structure and the lesions to learn each other.
Download  |  Pages : 32-34
How to cite this article:
Dr. BN Harisha. Fiscal federalism in India and Canada: A comparative study. International Journal of Multidisciplinary Research and Development, Volume 5, Issue 3, 2018, Pages 32-34
International Journal of Multidisciplinary Research and Development International Journal of Multidisciplinary Research and Development