Studies tracking fiscal devolution to state Government and Panchayat in India: 14 the Financial Commission Report: Accountability of states : preference of States. Social and Infra fund central and state sharing 60 : 40. Good Roads and Social Scheme, Education, Nutrition. Transfer funding from Centre to state priority.
Currently, Annual plans are in vogue in unplanned way, the strategy of the five year plan are abolished .Centre plan and state plan are to work in coordinated terms. Development on social development depends on Federal structure in dynamic terms .State and centre aims of government are the basis of the joint fiscal national spending .
Make in India ,Smart cities. Ganga Cleaning, Bullet trains are the aims . Min Suresh Prabhu said funds not problems as Japan’s shall be providing funds for bullet trains.
Social and infrastructure must be done in way that the visibility of the social development begins to shine and move.
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