Equitable resource distribution refers to the fair allocation of resources among individuals and communities. It aims to reduce inequality and promote social justice. This concept is crucial in addressing disparities in wealth and access to essential services. Effective distribution ensures that all segments of society benefit. It is vital for sustainable development and fosters economic stability and social cohesion in diverse populations.
The Sixteenth Finance Commission of India was recently convened in Tamil Nadu, chaired by Arvind Panagariya. This meeting is crucial as it addresses fiscal challenges facing the nation....