What does “Horizontal” and “Vertical” allocation refer to?
Horizontal refers to distribution across financially weaker states, and vertical refers to that between financially stronger states.
Horizontal refers to distribution between the Centre and the States, and vertical refers to that between special category states.
Horizontal refers to allocation across States, and Vertical refers to that between Centre and States.
Horizontal refers to allocation between the Centre and the states, and vertical refers to that between states and local bodies.
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