Follow the flows
Explore tax devolution and grants across 28 states for FY 2020–21 to FY 2024–25.
Centre–state finances
India's Fiscal Federalism
An interactive platform for understanding how public money moves between the Union and the states, with views that make an intricate fiscal system easier to compare.
Inside the platform
What you can explore.
Compare fairly
View both absolute transfers and per-capita measures to see how population changes the comparison.
Look across years
Use the five-year view to understand direction and variation beyond a single budget.
The thinking behind it
Context matters.
Public data, policy context
The analysis draws on Finance Commission and Union Budget documents. Its focus is the relationship between contributions, transfers, and the equity questions behind the allocation formula.
This is a historical analysis for FY 2020–21 to FY 2024–25, not a live budget feed.
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