Discussion
In the Indian Fiscal federal system, resources are allocated from the centre to the states, which of the following is not a means of resource allocation at present ?
Answer: D
The channel no longer in use is Transfer for plan implementation under Gadgil formula.
The Gadgil formula (and its later Gadgil-Mukherjee version) decided how Central plan assistance was divided among the States. With the abolition of the Planning Commission in 2015 and of the plan and non-plan distinction from 2017-18, normal Central assistance under that formula came to an end.
The other three are current channels: the States' share in Central taxes on the Finance Commission's recommendation, grants-in-aid under Article 275 and others, and Centrally Sponsored Schemes run through the ministries.
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