Daily news
Daily news for TNPSC and other Tamil Nadu exams — short, exam-focused, in Tamil and English.
8 stories for “Finance Commission”
Clear filtersIntroductionIn a historic policy shift driven by accelerating climate change and extreme weather risks, the Ministry of Home Affairs (MHA) on 16 August 2026 officially notified Heatwaves and Lightning as recognized natur...
IntroductionIn a deeply structural and severely analytical assessment of India’s internal economic health, the Comptroller and Auditor General of India (CAG) has officially and fiercely released the comprehensive State F...
Standardizing Regional Accounts: MoSPI Revamps Sub-National Economic IndicatorsIn a major macroeconomic reform structured to refine India's fiscal federalism data, the Ministry of Statistics and Programme Implementation...
Uttar Pradesh tabled a ₹9.12 lakh crore Budget for 2026–27, about 12.9% larger than the previous year. Capital expenditure accounts for 19.5% of the total, focused on education, agriculture, health and infrastructure. Th...
The 16th Finance Commission recommended grants of ₹9.47 lakh crore over five years, only for local bodies and disaster management, ending revenue deficit, sector-specific and State-specific grants. Local bodies get ₹7,91...
The Union Budget 2026-27 has a total outlay of ₹53.5 lakh crore and sets the fiscal deficit at 4.3% of GDP, down from 4.4% in 2025-26, with the revenue deficit at 1.5%. The debt-to-GDP ratio is projected to ease to 55.6%...
The 16th Finance Commission, chaired by Arvind Panagariya, kept the States' share of the divisible pool at 41% for 2026-27 to 2030-31. The Commission is a constitutional body under Article 280. Its main innovation is a n...
On 1 February 2026, Nirmala Sitharaman presented her ninth straight Union Budget, the first ever delivered on a Sunday, and also tabled the 16th Finance Commission report on tax devolution for 2026-2031. India's first fu...
