# Fiscal Federalism in India: A 50-Year Perspective
The financial relationship between the central and state governments in India has evolved significantly over the past five decades. Initially, the Centre played a dominant role, allocating funds to states through centrally sponsored schemes and grants. However, with the advent of economic reforms in the 1990s, there has been a gradual shift towards greater fiscal autonomy for states.

The introduction of the Goods and Services Tax (GST) in 2017 further complicated the fiscal federalism landscape. While it unified the indirect tax regime, it also led to a reduction in central transfers to states. This has sparked debates about the appropriate division of tax revenues between the Centre and states.
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