Fifteenth_Finance_Comission

DISTRIBUTION OF TOTAL RECEIPTS ACROSS DIFFERENT COMPONENTS (IN %) 2022-23 BE 2021-22 RE 2020-21 2019-20 2018-19 2017-18 2016-17 2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10 0% 41 51 57 58 56 53 54 52 53 48 48 45 20% 40% 11 9 18 2 60% 14 12 13 10 1 2 41 80% 100% Tax Revenue Non Tax Revenue Recovery of Loans Other Receipts Borrowings and O

The RBI’s report highlights three priorities for states:

1. Control Subsidies: States need to rethink their freebies and focus on sustainable spending.




2. Rationalize Expenditure: Invest more in future development rather than daily operations.




3. Improve Transparency: Standardized reporting and robust data systems are essential.

Ministry of Finance started giving the main national newspapers (and their local-language editions) month-by-month information about how much money had been sent to the districts for the schools.

Griff and Kevin share over twenty different mechanisms for doing better collective intelligence. Why? Because when you can do better collective intelligence, you can do better collective resource allocation.

• Tithing


• Taxes


• Voting


• Markets


• Web-Based Mechanisms


• Quadratic Funding


• Conviction Voting


• Retroactive Public Goods Funding


• NFTs


• Network Goods


• Effective Altru