The government is likely to prioritise medium-term debt consolidation while sustaining a strong push for capital expenditure in the upcoming Union Budget for 2026-27, according to pre-Budget expectations outlined by rating agency ICRA.
In a post on X following the announcement of the parliamentary schedule, Ramesh noted that the Union Budget for the 2026-27 fiscal year will be presented in approximately 20 days. He said the budget will inevitably reflect the recommendations of the 16th Finance Commission, which submitte
The Cabinet approved the continuation of schemes and programmes under 'Saksham Anganwadi and Poshan 2.0' for the next five years, in accordance with the norms approved by the Government of India for the period of the 16th Finance Commission from 2026-27 to 2030-31.
The Commission's Chairman Arvind Panagariya, along with Members Annie George Mathew, Manoj Panda, T. Rabi Sankar, Soumyakanti Ghosh and Secretary Ritvik Pandey, met the President on Monday to formally hand over the report.
Finance Minister Harpal Singh Cheema highlighted the immense strain placed on Punjab's finances due to its unique status as a frontline border state, recent natural calamities, and the structural disadvantages arising from the shift to the Goods and Services Tax (GST) regime.
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu met Chairman of the 16th Finance Commission Arvind Panagariya at New Delhi on Thursday and discussed various issues related to the state's fiscal health.
Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu met Chairman of the 16th Finance Commission Arvind Panagariya at New Delhi on Thursday and discussed the various issues related to the state's fiscal health.
He also appealed to the 16th Finance Commission to approve the Andhra Pradesh government's plea to bridge the revenue deficit. The Chief Minister highlighted that the state continues to face financial constraints due to the bifurcation.
Chief Ministers and representatives from seven Northeastern states convened on Monday in New Delhi for a consultative meeting with members of the 16th Finance Commission.
Assam Chief Minister Himanta Biswa Sarma on Wednesday met the Chairman of the 16th Finance Commission, Arvind Panagariya and discussed a gamut of issues pertaining to devolution of funds given the state's unique aspects, according to a press release issued by the State government.