Source: The post “16th Finance panel formula awards ‘efficient’ States” has been created, based on “16th Finance panel formula awards ‘efficient’ States” published in “Business line ” on 5 February 2026. 16th Finance panel formula awards ‘efficient’ States. UPSC Syllabus: GS Paper-3- Indian Economy Context: The 16th Finance Commission’s award for the period 2026–31 seeks… Continue reading 16th Finance panel formula awards ‘efficient’ States
Tag: Indian Economy
The Budget and the imperative of fiscal consolidation
UPSC Syllabus: Gs Paper 3- Indian economy Introduction The Union Budget 2026–27 places strong focus on spending programmes to support the goal of becoming a developed country by 2047. It shifts attention towards advanced technology and long-term growth drivers. At the same time, it raises concerns about implementation capacity, revenue strength, Centre–State finances, and the… Continue reading The Budget and the imperative of fiscal consolidation
Visible Progress, Invisible Exclusion
UPSC Syllabus: Gs Paper 3- Indian economy Introduction Budget 2026–27 marks a clear shift in India’s fiscal strategy. The focus has moved from crisis support to a borrowing-led, capex-driven growth model. High public investment and a controlled fiscal deficit project confidence and long-term intent. Infrastructure and MSMEs are now treated as permanent growth pillars. However,… Continue reading Visible Progress, Invisible Exclusion
There is no case for scrapping MPLADS funds
Source: The post “There is no case for scrapping MPLADS funds” has been created, based on “There is no case for scrapping MPLADS funds” published in “Business line ” on 4 February 2026. There is no case for scrapping MPLADS funds. UPSC Syllabus: GS Paper-2- Indian Economy Context: The Members of Parliament Local Area Development… Continue reading There is no case for scrapping MPLADS funds
A cautious nudge: On the 16th Finance Commission’s recommendations
Introduction The Finance Commission is a constitutional body established under Article 280 of the Constitution to recommend tax devolution, grants-in-aid, and fiscal reforms to maintain balance in India’s federal structure. The Sixteenth Finance Commission, constituted for the period 2026–27 to 2030–31, submitted its recommendations amid growing fiscal stress faced by States due to post-GST revenue… Continue reading A cautious nudge: On the 16th Finance Commission’s recommendations
Union Budget 2026 bets big on Industrial Growth
UPSC Syllabus: GS Paper 3- Indian economy Introduction Union Budget 2026–27 is presented during a rare goldilocks phase of high growth and low inflation. India has become the fourth-largest economy and remains one of the fastest-growing. However, global geopolitical tensions and tariff conflicts pose risks to long-term growth. The Budget tries to balance optimism with… Continue reading Union Budget 2026 bets big on Industrial Growth
What does the Budget offer Urban India?
UPSC Syllabus: Gs Paper 3- Indian economy Introduction The Union Budget 2026 presents cities as engines of growth under the vision of Viksit Bharat and stresses capital investment and productivity. However, the actual budget numbers show a clear retreat from urban development. Central support for cities has reduced at a time when urban India faces… Continue reading What does the Budget offer Urban India?
Budget’s Manufacturing Thrust
Source: The Union Budget 2026–27, places manufacturing at the core of India’s growth strategy amid global trade disruptions, tariff wars and geopolitical uncertainties. Anchored in Make in India and Atmanirbhar Bharat, the Budget seeks to strengthen domestic manufacturing in strategic and frontier sectors while maintaining fiscal discipline through a calibrated glide path. Budget’s Manufacturing Thrust.… Continue reading Budget’s Manufacturing Thrust
Balanced Use of Fertilizers: A Key Enabler of Sustainable Farming
UPSC Syllabus: Gs Paper 3- Indian economy (Agriculture) Introduction The Green Revolution transformed Indian agriculture by introducing high-yielding crop varieties supported by irrigation and chemical fertilizers. This ensured food security and improved rural livelihoods. However, continuous cultivation and excessive use of nitrogen fertilizers created nutrient imbalance and soil degradation. Declining soil fertility now affects crop… Continue reading Balanced Use of Fertilizers: A Key Enabler of Sustainable Farming
Green steel can shape India’s climate goals trajectory
UPSC Syllabus: Gs Paper 3- Indian economy and Infrastructure Introduction try India plans to submit a more ambitious climate pledge under its revised Nationally Determined Contribution. This requires economy-wide decarbonisation. Hard-to-abate sectors will decide the outcome. Steel is the most critical among them. The sector supports growth but also contributes heavily to emissions. The choices… Continue reading Green steel can shape India’s climate goals trajectory
