Courtesy: wikimedia\commons
Brazil follows a more decentralised form of federalism and gives special importance to the municipalities. Porto Alegre’s successful 'participatory budgeting' is a role model for the world. India can learn from both the positive and negative aspects of the Brazilian system
Courtesy: Associated Press
The debates and delays over the Goods and Services Tax exemplify how fiscal federalism is evolving through threats to its original design and rearguard action by states. Rebalancing the centre-state relationship is not easy, but an enlightened fiscal federalism is indispensable to keeping the republic together