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What does the gap between PRIs’ constitutional status and their real financial power illustrate?

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1. What does the gap between PRIs’ constitutional status and their real financial power illustrate?

Granting formal authority is legally straightforward, but genuinely devolving revenue-raising power is politically harder

PRIs have complete financial independence in every Indian state equally

Constitutional amendments automatically guarantee full financial power

There is no gap at all between formal authority and real financial power

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