As 16th Finance Commission visits Maharashtra, state also suggested introducing 2 new criteria to decide fund devolution—states' work on sustainability & contribution to GDP.
Presently, India shares 42% of federal taxes with states. Next Finance Commission will submit its report by October 2025 and its recommendations will be implemented from fiscal yr 2026-27.
The allocation ratio formula that the Finance Commission devised is extremely skewed. Nearly 75 per cent of the weightage, in the ultimate analysis, goes toward population.
The decision to opt out of the big RCEP trade deal may eventually have been out of lack of choice, but it is silly to pretend it is a sign of bold leadership.
If this argument of south-vs-north is followed through, a direct corollary would be to also oppose money flows from Bengaluru to Bidar or from Whitefield to south Bengaluru.
Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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