7. The debates on issues such as replacement of the Planning Commission or the introduction of GST often bring to the fore the issue of 'Fiscal Federalism'. What does the term denote? Discuss with the relevant constitutional provisions in mind.

Approach:

The federal structure has been evolving and the 73rd and 74th amendments have further added new layers to it. Answer requires and understanding of the constitutional mechanism of distribution of financial resources between centre and state. Constitutional provisions contained in part XII (Articles268-293) are important markers in this regard with special emphasis on Finance commission under the article 280.