As part of a Working Paper Series on  ‘Cooperative Federalism—From Theory to Practice’, Niranjan Rajadhyaksha, Resident Senior Fellow, Artha Global, and Prakhar Misra, Ph.D. Candidate at Johns Hopkins University, wrote a paper titled ‘Parallel Streams: Political Federalism and Economic Integration in India.’

Economic integration is an important component of the design of political federations, a fact that was evident to the framers of the Indian constitution, but has been given inadequate attention in much of the subsequent literature on Indian federalism. In this paper, Niranjan Rajadhyaksha and Prakhar Misra examine the slow progress of economic integration in India, revisit the policy debates on the need for fewer barriers on interstate trade, and end with a set of unfulfilled recommendations to further strengthen cooperative federalism in India.

You can download the paper here.

Note: This work was done by the author/s when they were a part of the IDFC Institute and is republished here with permission.

• Budget
• Cooperative Federalism
• Decentralisation
• Finance
• Fiscal
• Integration
• Political Economy