Government Budgeting

Explore UPSC Current Affairs articles related to Government Budgeting.

Union State Relations and Federal StructureDevolution of Powers and Finances up to Local LevelsGovernment Budgeting
7 Apr, 2026

Finance commission strengthens local bodies, but at the cost of states, Pg11

16th Finance Commission recommendations spark federalism debate; critics allege weakened state autonomy due to altered fund distribution and increased central leverage.

Indian Economy, Planning, Mobilization of Resources, Growth, Development and EmploymentGovernment Budgeting
7 Apr, 2026

Why RBI is likely to keep rates steady and revise inflation, growth forecasts, Pg20

RBI likely to maintain steady rates amidst West Asia conflict, revising inflation and growth forecasts for FY27 due to supply disruptions.

Effect of Policies and Politics of Developed and Developing Countries on India's InterestsGovernment BudgetingEffects of Liberalization on the Economy
3 Apr, 2026

Critical petrochemical products get full customs duty exemption (‘Centre will lose Rs 1,800 crore in revenue due to the three-month exemption on petrochemical products’), Pg15

Government waives customs duty on critical petrochemicals until June 30, 2026, to ease supply chain disruptions amid West Asia tensions.

Effect of Policies and Politics of Developed and Developing Countries on India's InterestsIndian Economy, Planning, Mobilization of Resources, Growth, Development and EmploymentGovernment BudgetingInfrastructure: Energy, Ports, Roads, Airports, Railways etc.
1 Apr, 2026

On global tensions and India’s economy, Pg8

Geopolitical tensions expose India's macroeconomic vulnerabilities: Rupee dips to ₹95, crude hits $156, impacting fiscal stability and household budgets.

Union State Relations and Federal StructureGovernment BudgetingDisaster and Disaster Management
1 Apr, 2026

Counting people is not counting disaster risk, Pg6

Flawed Finance Commission formula penalizes disaster-prone states like Odisha due to population-based exposure metrics, impacting disaster funding.

Vulnerable SectionsGovernment Budgeting
31 Mar, 2026

Govt. retains interest rates on small savings schemes, Pg12

Government maintains steady interest rates on small savings schemes like PPF and NSC for eighth consecutive quarter, effective April 1, 2026.

Government BudgetingInfrastructure: Energy, Ports, Roads, Airports, Railways etc.
28 Mar, 2026

Petrol, diesel excise duty cut; prices won’t change, Pg1

Government cuts excise duty on petrol and diesel but hikes export duties to aid OMCs amidst rising crude prices.

Indian Economy, Planning, Mobilization of Resources, Growth, Development and EmploymentGovernment Budgeting
28 Mar, 2026

Bond yields hit 6.94% amid fears of inflation, monetary tightening, Pg17

Indian bond yields surge to 6.94% amidst inflation fears and potential RBI monetary tightening due to rising crude prices.

Important Aspects of Governance, Transparency and AccountabilityGovernment Budgeting
27 Mar, 2026

New I-T Rules: Simpler processes, higher deductions for the salaried, Pg4

CBDT unveils Income-tax Rules, 2026: PAN thresholds hiked, unified challans introduced, and HRA benefits expanded for salaried individuals.

Government policies and interventions for development in various sectorsGovernment BudgetingInfrastructure: Energy, Ports, Roads, Airports, Railways etc.
26 Mar, 2026

UDAN scheme with changes in subsidy, Pg1

UDAN scheme revamped: Subsidy period extended to five years with ₹28,840 crore outlay to boost regional air connectivity.

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

Retail inflation target , Pg12

RBI tasked to maintain 4% retail inflation target, with a 2% tolerance band, until March 2031, ensuring price stability.

Parliament and State LegislaturesGovernment Budgeting
26 Mar, 2026

Surcharge on share buyback gains from April 1, Pg21

Share buyback gains to face flat 12% surcharge from April 1st, impacting individual and corporate shareholders, as per Finance Bill amendments.

Government BudgetingChanges in Industrial Policy and Effects on Industrial Growth
21 Mar, 2026

Benefits for meal vouchers to EVs, higher HRA limit for 4 more cities, Pg17

CBDT notifies Income-tax Rules, 2026: Meal vouchers allowed, HRA limit increased for Bengaluru, Hyderabad, Pune, and Ahmedabad from April 1.

Poverty and Developmental IssuesUnion State Relations and Federal StructureGovernment policies and interventions for development in various sectorsGovernment Budgeting
20 Mar, 2026

24 States, U.T.s set aside funds for new rural jobs scheme, Pg18

States allocate ₹31,000 crore for Viksit Bharat Guarantee, awaiting Centre's funding formula; Rajasthan sets aside ₹4,000 crore.

Government policies and interventions for development in various sectorsGovernment BudgetingConservation, Pollution and Degradation
18 Mar, 2026

A bit of a blur over India’s new carbon credit plan, Pg8

Budget 2026's ₹20,000 crore carbon credit plan sparks confusion; industrial CCUS focus versus farmer income narrative needs clarification.

Parliament and State LegislaturesGovernment BudgetingInfrastructure: Energy, Ports, Roads, Airports, Railways etc.
18 Mar, 2026

Ensuring steady LPG supply, speeding up production, says FM, Pg6

FM assures steady LPG supply amid West Asia conflict, Parliament passes Appropriation Bill 2024, and concerns raised over economic stabilization fund.

Effect of Policies and Politics of Developed and Developing Countries on India's InterestsIndian Economy, Planning, Mobilization of Resources, Growth, Development and EmploymentGovernment BudgetingInfrastructure: Energy, Ports, Roads, Airports, Railways etc.
18 Mar, 2026

How the global energy shock threatens India's Goldilocks era, Pg18

Global energy crisis threatens India's economic stability; rupee weakens to 92.38, inflation rises, and fiscal deficit targets jeopardized.

Indian Economy, Planning, Mobilization of Resources, Growth, Development and EmploymentGovernment Budgeting
14 Mar, 2026

Growth has been less strong than it seems. The misreading has complicated policy, Pg11

Economists argue that India’s official GDP growth since 2011-12 has been significantly overstated due to methodological flaws, particularly in how the informal sector and inflation are measured.

Parliament and State LegislaturesIndian Economy, Planning, Mobilization of Resources, Growth, Development and EmploymentGovernment Budgeting
14 Mar, 2026

Centre sets aside ₹57,381 cr. to offset ‘global headwinds’, Pg1

Centre allocates ₹57,381 crore for Economic Stabilisation Fund to counter global economic shocks and maintain fiscal deficit target.

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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