Centre Defends States’ Tax Devolution Share
Why in the News? The Union Finance Minister clarified in the Lok Sabha that the Centre has fully transferred 41% of the divisible pool of taxes to States as recommended […]
SIXTEENTH FINANCE COMMISSION AND THE FEDERAL BALANCE
Syllabus: GS-2: Centre-State Relations, Indian Constitution, Co-operative Federalism, Constitutional Bodies WHY IN THE NEWS? The Sixteenth Finance Commission submitted its recommendations for 2026–31, and the Union government accepted its proposals […]
TAMIL NADU’S NEW HYBRID PENSION MODEL (TAPS)
Why in the News? New scheme announced: The Tamil Nadu government has unveiled the Tamil Nadu Assured Pension Scheme (TAPS) effective January 1, 2026. Political commitment: The announcement was made […]
India’s Growth Paradox and Shrinking Fiscal Policy Space
Syllabus: GS-3: Fiscal Policy, Government Policies & Interventions, Monetary Policy, Mobilization of Resources, Inclusive Growth Why in the News? The First Advance Estimates of GDP (January 2026) show India growing […]