M.G. Ranade offers a compelling argument for the decentralization of provincial finance in this insightful essay, first published in 1901. Drawing on his experience as a civil servant and economist, Ranade explains how a more autonomous financial system would benefit India as a whole, fostering greater efficiency, accountability, and economic growth. This edition includes a new introduction by a leading expert in Indian economics and governance. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.