Punjab Budget 2026-27: ₹2.05 Lakh Cr Outlay with ₹33,000 Cr Deficit, ₹1,000 Monthly for Women, ₹500 Cr Industrial Incentives

Andhra Pradesh Missed ₹38,000 Cr Central Grants Post 16th FC; Revenue Deficit at ₹48,000 Cr

The 16th Finance Commission's recommendations have led to Andhra Pradesh losing ₹38,000 crore in central grants, worsening its revenue deficit to ₹48,000 crore in 2025-26. This case is a key example of fiscal federalism dynamics—critical for UPSC Mains GS2 and Prelims. The Centre has provided alternative support through capital grants and interest-free loans.

Anti-Dumping Duty on Chinese TiO2: DGTR Final Findings (Aug 3, 2026) - Centre Assures KMML, TTPL

The Centre has assured Kerala of imposing anti-dumping duty on Chinese titanium dioxide following DGTR's final findings. This protects PSUs like KMML and TTPL from low-cost imports. Key for Prelims: DGTR process, anti-dumping mechanism, and dates.

CAG Flags ₹3,161 Cr Power Subsidy Lapse & ₹3,217 Cr E-Procurement Irregularities in Delhi

The CAG report for 2022-23 exposes major flaws in Delhi's power subsidy scheme and e-procurement system, including wasteful subsidies to zero-consumption consumers and suspected collusive bidding. This is crucial for understanding CAG's role, subsidy targeting, and public procurement issues.

₹743.43 Cr Revenue Detected in 6 Months: Andhra AI-GST Model Wins National Acclaim at 6th Coordination Meet

Andhra Pradesh’s AI & Machine Learning-based GST administration model has been nationally acclaimed at the 6th National Co-ordination Meeting. The system detected ₹743.43 crore in revenue in just six months—more than double the previous manual process—and has sparked interest from several states. For exam aspirants, this is a key case study on AI in governance, tax administration reform, and state-level innovation.

Chhattisgarh Tops NITI Aayog Regulatory Ease, Attracts Rs 8 Lakh Cr Investment Proposals

Chhattisgarh's ambitious Industrial Development Policy 2024-30 has drawn Rs 8 lakh crore in investment proposals, signaling a turnaround from Maoist-affected 'Red' zone to an emerging industrial hub. The state ranked first in NITI Aayog's regulatory ease category, underscoring structural reforms that decriminalized 279 business provisions and introduced risk-based approvals. This case study is crucial for understanding how governance reforms can attract investment even in conflict-affected regions.

Centre Mandates 60:40 Centre-State Funding Split for VB-G RAM-G Rural Employment Scheme

The Centre has shifted the funding pattern of the National Rural Employment Guarantee Scheme (now VB-G RAM-G) from 100% central funding to a 60:40 Centre-State split (90:10 for Himalayan/Northeast states). This marks a major fiscal federalism change, with states allocating full 40% despite political opposition. Essential for Prelims (ratio, scheme name) and Mains (fiscal federalism, rural wage floor).

TVK's Maiden Budget: TN's Debt-to-GSDP at 27.5%, Revenue Deficit Widens to 55.8% of Fiscal Deficit

Tamil Nadu's new TVK government, led by CM C. Joseph Vijay, presents its first budget amid growing fiscal stress: debt-to-GSDP at 27.5%, revenue deficit now 55.8% of fiscal deficit, and interest payments exceeding capital outlay. The white paper blames the previous DMK government for increased borrowings. Students must analyze the state's fiscal trajectory, welfare promises vs. fiscal discipline, and revenue generation challenges.

Tamil Nadu's First Agriculture Budget: ₹58,374 Cr Outlay, 131 Lakh MT Foodgrain Target, 36 Lakh Acres Insurance

Tamil Nadu's debut agriculture budget under CM C Joseph Vijay allocates ₹58,374 crore to transform farming from mere cultivation to risk management. With a five-year foodgrain target of 131 lakh MT, the budget prioritises crop insurance, soil fertility restoration, mechanisation, and market intelligence to enhance farmers' bargaining power and reduce uncertainty.