Centre-State Financial Relation l Class 121 l Indian Polity l Amrit Upadhyay l StudyIQ IAS Hindi

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What are Centre-State Financial Relations? How do the central and state governments in India share financial responsibilities and revenue?

In this video, we explore the constitutional, legal, and practical aspects of financial relations between the Centre and the States in India. From Article 280 and the role of the Finance Commission, to tax distribution, grants-in-aid, GST Council, and vertical vs horizontal imbalances, we break down the concept of Fiscal Federalism in a clear and student-friendly way.

Whether you are a UPSC aspirant, preparing for State PCS, SSC, or any competitive exam, or simply want to understand how India’s economy functions at the federal level — this video is for you!

📌 Topics Covered:
• Constitutional provisions (Article 268–281)
• Tax sharing and devolution
• Finance Commission role and reports
• GST and intergovernmental finance
• Current issues and challenges




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