Government Budgeting

Explore UPSC Current Affairs articles related to Government Budgeting.

Union State Relations and Federal StructureGovernment BudgetingEffects of Liberalization on the Economy
3 Jul, 2026

​Unwelcome surge, Pg10

India's June GST collections surged 13.9% to ₹1.95 lakh crore, but imported inflation and rupee depreciation, not domestic growth, fueled this 'unwelcome' buoyancy.

Government BudgetingEffects of Liberalization on the Economy
2 Jul, 2026

GST revenues up 14% in June amid dependence on imports, Pg1

India's GST revenue surges 14% to ₹1.95 lakh crore in June 2026, driven by 35% import growth, raising concerns over domestic manufacturing reliance.

Union State Relations and Federal StructureIndian Economy, Planning, Mobilization of Resources, Growth, Development and EmploymentGovernment BudgetingInvestment Models
1 Jul, 2026

The fiscal tightrope for State govts., Pg10

Kerala and Tamil Nadu navigate fiscal tightrope, burdened by alarming debt, high revenue expenditure, and limited capital for crucial development projects.

Changes in Critical Geographical Features, Water Bodies, Ice Caps, Flora and FaunaGovernment BudgetingFarm Subsidies and Minimum Support PricesBuffer Stocks and Food Security
1 Jul, 2026

Building water buffers a top priority, says FinMin report, Pg20

Finance Ministry flags India's severe water vulnerability, urges top-priority policy for water buffers amid weak monsoon, kharif sowing concerns, and calls for agricultural pricing reforms.

Government BudgetingEffects of Liberalization on the Economy
1 Jul, 2026

Govt increases windfall tax on petrol exports, Pg20

Government raises windfall tax on petrol exports to Rs 4/litre, while cutting levies on diesel and ATF from July 1.

Indian Economy, Planning, Mobilization of Resources, Growth, Development and EmploymentGovernment BudgetingInfrastructure: Energy, Ports, Roads, Airports, Railways etc.
30 Jun, 2026

Lower oil prices, a window of opportunity, don't waste it, Pg13

India urged to strategically utilize lower global oil prices to fortify macroeconomic fundamentals, boost export competitiveness, and uphold fiscal credibility for enduring economic resilience.

Effect of Policies and Politics of Developed and Developing Countries on India's InterestsIndian Economy, Planning, Mobilization of Resources, Growth, Development and EmploymentGovernment Budgeting
29 Jun, 2026

Reprieve to rupee, bond markets is short-term, Pg10

India's rupee and bond markets experience fragile, short-term recovery; geopolitical tensions, fiscal strain, and El Niño threats demand urgent domestic reforms for macroeconomic stability.

Indian Economy, Planning, Mobilization of Resources, Growth, Development and EmploymentGovernment BudgetingFarm Subsidies and Minimum Support Prices
27 Jun, 2026

Goldman Sachs hikes India's FY27 growth forecast to 6.5%, Pg17

Goldman Sachs boosts India's FY27 GDP growth forecast to 6.5%, citing falling crude oil prices and easing fiscal pressures.

Indian Economy, Planning, Mobilization of Resources, Growth, Development and EmploymentGovernment Budgeting
26 Jun, 2026

RBI's G-sec holding rises to 13-year high, Pg13

RBI's G-sec holdings hit a 13-year high, reaching 17.6% of outstanding issuance due to aggressive bond purchases and OMOs for liquidity injection.

Indian Economy, Planning, Mobilization of Resources, Growth, Development and EmploymentGovernment BudgetingEffects of Liberalization on the Economy
26 Jun, 2026

Govt, RBI's bond measures pull 8 months of FPI money in 2 weeks, Pg13

Government, RBI's bond measures pull $2 billion FPI money in two weeks, matching eight months' total, fueling global index inclusion hopes.

Government policies and interventions for development in various sectorsGovernment Budgeting
25 Jun, 2026

Nine Years of GST: More reforms sought, Pg13

As GST turns nine, businesses urge reforms for tax clarity, uniform audits, and faster refunds, addressing inverted duty structure concerns.

Government BudgetingBuffer Stocks and Food Security
23 Jun, 2026

Onion Check, Pg5

Union Food Minister Pralhad Joshi reviews onion procurement progress, buffer stock strategies to stabilize prices and ensure market intervention.

Union State Relations and Federal StructureIndian Economy, Planning, Mobilization of Resources, Growth, Development and EmploymentGovernment Budgeting
22 Jun, 2026

The curious case of Kerala’s committed expenditure, Pg9

Kerala's new UDF government reveals alarming 78% committed expenditure, sparking fiscal crisis concerns and challenging welfare state model.

Indian Economy, Planning, Mobilization of Resources, Growth, Development and EmploymentGovernment Budgeting
20 Jun, 2026

MPC minutes: Why central bank opted for status quo on repo rates, Pg23

RBI's MPC maintains repo rate at 5.25%, citing inflation vigilance amid West Asia conflict, monsoon risks, and lowering growth forecast to 6.6%.

Vulnerable SectionsE GovernanceGovernment Budgeting
19 Jun, 2026

FINMIN ratifies EPF rate at 8.25%, Pg1

Finance Ministry ratifies 8.25% EPF interest for 7.8 crore members; EPFO to enable 75% corpus withdrawal via UPI by month-end.

Union State Relations and Federal StructureIndian Economy, Planning, Mobilization of Resources, Growth, Development and EmploymentGovernment Budgeting
18 Jun, 2026

The RBI and its growing fiscal role, Pg8

RBI's record ₹2.87 lakh crore surplus transfer to Union government sparks debate on fiscal centralisation and central bank's evolving role.

Union State Relations and Federal StructureGovernment policies and interventions for development in various sectorsGovernment Budgeting
17 Jun, 2026

States' development, welfare spending surges 131% in 10 years: CAG, Pg17

States' welfare and development spending skyrockets 131% in a decade, CAG report reveals, with revenue expenditure dominating budgets.

Government BudgetingInfrastructure: Energy, Ports, Roads, Airports, Railways etc.
16 Jun, 2026

Centre hikes windfall tax on diesel, aviation fuel exports, Pg14

Government hikes windfall tax on diesel to ₹14/litre and ATF to ₹12.5/litre for exports, effective June 16, retaining petrol levy.

Indian Economy, Planning, Mobilization of Resources, Growth, Development and EmploymentGovernment BudgetingEffects of Liberalization on the Economy
16 Jun, 2026

FM: More measures to attract capital inflows on the anvil, Pg13

FM Nirmala Sitharaman pledges more measures to attract foreign capital, hinting at further tax cuts and LRS limit adjustments to stabilize rupee.

Related Topics to Government Budgeting

Buffer Stocks and Food SecurityChanges in Industrial Policy and Effects on Industrial GrowthE Technology in Aid of FarmersEconomics of Animal RearingEffects of Liberalization on the EconomyFarm Subsidies and Minimum Support PricesFood Processing and Related IndustriesInclusive GrowthIndian Economy, Planning, Mobilization of Resources, Growth, Development and EmploymentInfrastructure: Energy, Ports, Roads, Airports, Railways etc.Investment ModelsLand Reforms in India

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