competition in focus magazine buy online Published this articles page no 118 The Fifteenth Finance Commission in its final report recommended this devolution to beat 41 per cent. This will maintain the predictability and stability of resources especially during the pandemic. This vertical devolution is in line with the recommended share in our first report as well as with the devolution of the FC-XIV. As compared to FC-XIV this Commission has only made the required adjustment of about 1 per cent due to the changed status of the erstwhile State of Jammu and Kashmir into the new Union Territories of Ladakh and Jammu and Kashmir as the resources for these Union territories will now be provided by the Union government. This level of vertical transfers will allow appropriate fiscal space for the Union as well to meet its demands as well as maintain an adequate level of unconditional resources to the States. competition in focus magazine buy online
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