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DEVOLUTION TO STATES
West Bengal FY27 Budget: SBI report hints shift to investment-led growth and economic transformationWest Bengal's FY27 budget signals a strong pivot towards investment-led growth, emphasizing industrialization and long-term economic transf...
SBI Research sees Bengal budget tone most optimistic in 17 yearsWest Bengal's new budget signals a significant policy shift, moving from welfare to investment and industrial growth, according to SBI Rese...
Assam State Budget 2026-27: FINER suggests higher devolution share and tax net wideningAhead of Assam's 2026-27 State Budget, industry body FINER urges higher central fund devolution and tax net expansion. They praise the Prof...
How Andy Burnham, Keir Starmer's biggest rival, reshaped Greater Manchester and why he is called "King of North"Who is Andy Burnham? : Andy Burnham is emerging as the frontrunner to succeed Keir Starmer as British Prime Minister following his return t...
What is Andy Burnham's 'Manchesterism' vision for the UK?Andy Burnham is now a leading contender to become the next Prime Minister. He brings his "Manchesterism" economic vision to national politi...
FM Nirmala Sitharaman calls Karnataka's stand on Jan Aushadhi Kendras as Congress pettiness, rejects tax devolution chargeThe Jan Aushadhi scheme had made medicines up to 60% cheaper and helped families save nearly Rs 40,000 crore across the country, Sitharaman...
Question is affordability, whether other expenditure can benefit people more than freebies: CEA Nageswaran pitches for focused welfare interventionsNageswaran said the issue should be looked at sensibly rather than on an emotional plane and the question that needs to be asked is if it i...
From Norman Mailer's 'fug' to Trump's Oval Office: How a four-letter word conquered the English languageThe F-word's journey from censored print to common usage is explored. Norman Mailer faced publisher edits in his debut novel, substituting ...
Report on datasets for State Finance Commissions to be released on MondayA report on datasets for State Finance Commissions will be released by the Chief Economic Advisor in New Delhi on Monday. This initiative a...
Govt issues uniform guideline for measuring states' GDP with revised base year of 2022-23The Statistics Ministry has released new guidelines for calculating states' Gross State Domestic Product. The base year for these calculati...
Centre releases additional instalment of tax devolution of Rs 1.01 lakh cr to state govtsThe Centre released an additional Rs 1,01,603 crore in tax devolution to state governments on October 1, 2025, ahead of the festive season....
Centre okays additional instalment of Rs 81,735 crore as tax devolution to the state govtsThe Centre has approved an additional tax devolution of Rs 81,735 crore to State Governments, scheduled for release on June 2, 2025. This m...
Decision on recommending revenue deficit grants for states yet to be made: Finance Commission chiefA decision on revenue deficit grants to states hasn't been made yet, says Finance Commission Chairman Arvind Panagariya. The commission wil...
Centre transfers additional Rs 72,961 crore to states above budgeted tax devolutionThe Indian government released an additional installment of Rs 72,961.21 crore as tax devolution to states, beyond the regular 14 installme...
Centre authorises release of tax devolution of Rs 72,961 crore to statesThe Centre authorised release of tax devolution of Rs 72,961.21 crore to states for November. Currently, 41 per cent of taxes collected by ...
Centre releases third installment of tax devolution to statesThe government has released one advance instalment, in addition to the regular instalment due in June 2023, to aid states push up capital s...
Two tax devolution installments worth Rs 1.16 lakh crore cleared"The Union Government has released two instalments of tax devolution to State Governments amounting to Rs. 1,16,665 crore today, as against...
Centre releases Rs 95,082 crore to states as November tax devolutionAfter a meeting with all chief ministers and state finance ministers recently, Union Finance Minister Nirmala Sitharaman had said the Centr...
States revenue loss from tax cuts on fuel to be lower than tax devolution in FY 22The central government cut the road and infrastructure cess (RIC) component of the Central excise duty levied on petrol and diesel by Rs 5 ...
Cut in education in Budget 2015 due to higher tax devolution to states: Smriti IraniWhile the school education sector has got an outlay of Rs 42,219.50 crore for 2015-16, the higher education sector has got Rs 26,855 crore.