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View Weekly PageAnswer: 68:32
RTE Act, Section 7: Financial responsibility shared between Centre and States: (a) For most States: 68:32 (Centre:State), (b) For Northeast States: 90:10, (c) For UTs: 100% Central. Similar sharing patterns in NFSA, MGNREGA. Ensures fiscal federalism: Centre provides resources, States implement based on local needs. Challenges: (a) Timely fund release, (b) State capacity to utilize funds, (c) Monitoring expenditure efficiency. Finance Commission recommendations critical for aligning resources with rights obligations.