Instead of a fixed vertical share for the entire award period, an upward revision of vertical devolution to the states as and when there is an increase in cess and surcharges by the union government should be considered. It is also worth considering the creation of a horizontal equity stabilisation fund to be distributed as grants under Article 275 to those states that witness
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SSC Stenographer Grade C&D 2020 Exam Memory Based Questions: Check General Awareness, GK, Current Affairs, English Questions with Answers
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