Tamil Nadu’s Finance Minister, Thangam Thennarasu, discusses the contentious issue of fiscal federalism, arguing that the delicate balance of resource sharing between the Centre and states has been disturbed. He highlights a structural imbalance where states are responsible for two-thirds of the nation’s expenditure but receive only one-third of the revenue. The minister states that southern states feel penalized for good governance and that there is a partisan approach, with opposition-ruled states being denied their legitimate fiscal allocations. This situation, he claims, causes "irreparable losses" and changes the nature of Centre-State relations. "When there is a partisan between the BJP ruled governments and the opposition ruled governments… that is completely, it changes the cooperative federalism into a coercive federalism," he said. #fiscalfederalism #centrestaterelations #tamilnadu #gst #federalism #thangamthanerasu #indianpolitics #economy #staterights #taxshare #cooperativefederalism #coercivefederalism #southernstates #fundallocation #publicpolicy
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