FORGOTTEN HISTORY: Finance commission - The Untold Story

Budget 2027: Finance Ministry sets October 12 for pre-Budget meetings, seeks spending and revenue plans

As the 2027-28 Union Budget approaches, central ministries are tasked with crafting practical fiscal estimates. The Finance Ministry emphasizes the importance of controlling expenditures and increasing revenue. Pre-Budget meetings, starting in October 2026, will focus on refining these estimates. Ministries are advised to prioritize funding for ongoing projects before introducing…

The Economic Times · Aug 29

Arvind Panagariya’s advice to RBI: ‘100 is just a number; let rupee depreciate or reserves will bleed out’

Arvind Panagariya, Chairman of the 16th Finance Commission, advises the Reserve Bank of India to allow the Indian rupee to weaken. He believes aggressively defending the currency with foreign exchange reserves is a losing strategy. Panagariya suggests that letting the rupee depreciate is the correct response to rising oil prices…

The Economic Times · May 22

Fiscal environment, GST: States struggle to raise health spending

Unable to eat, and depending solely on oral rehydration solutions, Ahmed* (40) spent the last 15 days of his life hoping to get an endoscopic procedure at the All India Institute of Medical Sciences in Delhi, 350 km away from his hometown in Farrukhabad, Uttar Pradesh. He died on July…

Newslaundry · Aug 5, 2024

The Kerala-Centre dispute over States’ borrowing powers | Explained

The Supreme Court declines interim relief to Kerala in its suit against the Centre pertaining to cap on borrowing. We explore the issues at stake and what the Court has said

The Hindu · Apr 3, 2024

The Finance Commission and public finance in Kerala

Public debt management is getting wider attention in Centre-State financial relations

The Hindu · Mar 31, 2024

BJP accuses ruling Congress of showing signs of frustration ahead of LS polls

The BJP on Tuesday claimed that the “objectionable” remarks of some Congress leaders including Kannada and Culture Minister Shivaraj Tangadagi against it was an indication that the Congress leaders were becoming frustrated ahead of the Lok Sabha polls.

The Hindu · Mar 26, 2024

Nirmala terms Karnataka govt.’s attack on Centre about funds as ‘false and misleading’

Union Finance Minister refutes Karnataka government's claims on funding, provides data showing increased devolution and grants, accuses Congress of misleading.

The Hindu · Mar 24, 2024

Nirmala Sitharaman dubs Karnataka’s claim on funds as ‘utterly baseless’

Union Finance Minister Nirmala Sitharaman on Sunday said that the claims of the Karnataka government that it has not received its due share of funds was “utterly baseless” and was not part of the final recommendations of the Finance Commission.

The Hindu · Mar 24, 2024

Central transfers — arresting the decline in shares of some States

There is a case to address the issue raised by some of the States regarding their declining shares

The Hindu · Mar 11, 2024

Interview | T.N. Finance Minister Thangam Thennarasu discusses the State Budget for 2024-25

Tamil Nadu Finance Minister Thangam Thennarasu, who presented the State Budget for 2024-25, says the Budget catered to aspirations of every segment, sector and region of Tamil Nadu

The Hindu · Mar 6, 2024