Description
The Decentralization of Provincial Finance by Mahadev Govind Ranade examines the financial structure and administrative framework of British India, advocating for greater financial autonomy at the provincial level. Ranade, a prominent economist and reformer, argues that centralized financial control limits local governments’ ability to address region-specific issues effectively. He proposes decentralization as a way to improve administrative efficiency, stimulate economic growth, and foster local accountability. The work reflects Ranade’s belief in empowering provincial governance, aiming to create a system that better responds to local needs and promotes economic development through more equitable resource distribution.