End Of The Road For Cooperative Federalism?

India’s grand bargain, once heralded as a new era in cooperative federalism, the Goods and Services Tax regime, less than four years since its adoption, is today the new battleground for centre-state fiscal wars. It is a measure of how broke the ‘grand bargain’ is that the widely celebrated poster child of the new era of cooperative federalism, the GST Council at its meeting last week, became the…