18 July 2024 : The Hindu Editorial Analysis
1. Intergenerational equity as tax devolution criterion (Source – The Hindu, International Edition – Page No. – 8) Topic: GS3 – Indian Economy – Issues relating to mobilisation of resources. Context The Finance Commission revisits the horizontal distribution of Union tax revenue every five years, prioritising intragenerational equity, which can lead to intergenerational inequity. High-income…
