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Centre Defends States’ Tax Devolution Share Why in the News ? The Union Finance Minister clarified in the Lok Sabha that the Centre has fully transferred 41% of the divisible pool of taxes to States as recommended by the 15th Finance Commission, countering Opposition allegations regarding reduced fiscal devolution. Government’s Clarification on Tax Devolution: The …
Read MoreUnion Budget Discussion 2026: Insights into India’s Economic Vision The Department of Economics at Universal School of Administration is organizing an insightful session on Union Budget 2026. This event, held under the IQAC Initiative, aims to provide an in-depth understanding of India’s economic future as reflected in the national budget. The session will discuss key …
Read MoreTurtle Trails Proposal Raises Conservation Fears in Odisha Why in the News? The Union Budget 2026–27 proposal to develop ‘turtle trails’ along key nesting beaches in Odisha, Karnataka and Kerala has sparked concern among conservationists, who warn that ecotourism may disrupt mass nesting of endangered Olive Ridley turtles, potentially conflicting with environmental clearance norms and …
Read MoreUnion Budget Must Restore Private Investment Confidence Syllabus: GS-2: Government Policies & Interventions GS-3: Growth & Development Why in the News? Private corporate investment in India remains subdued despite strong macroeconomic indicators and healthy balance sheets. With fresh private capex intentions falling to ₹4.89 trillion for 2025–26, expectations from the Union Budget have intensified to …
Read MoreSyllabus: GS-2: Parliament , Government Policies & Interventions , Indian Constitution GS-3: Inclusive Growth , Issues Relating to Development ,Growth & Development ,Renewable Energy , Environmental Pollution & Degradation Focus: The Union Budget 2026 is expected to introduce key measures for accelerating climate action, addressing green finance, supporting renewable energy growth, and preparing for global …
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