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Budget 2014: Narendra Modi gives biggest push to fiscal federalism

Jul 11, 2014    

Amidst all the hullabaloo over multiple suboptimal Rs 100 crore outlays and the perceived lack of radical reforms in the first Modi budget unveiled by Arun Jaitley yesterday (10 July), many members of the commentariat missed the biggest bang political reform of them all: a strong shift to fiscal federalism. [caption id=\"attachment_1614609\" align=\"alignleft\" width=\"380\"]

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