The power sector has seen significant reforms over the years. But despite this, the state-owned public electricity distribution companies (DISCOMs) had collectively accumulated losses of around `6.77 ...

The finance commission plays a pivotal role in the allocation of resources between the union and state governments in India. In addition to the constitutionally mandated requirement to provide ...

The public sector borrowing requirements for select Indian states are ascertained, with the objective of deriving a realistic estimate. It is of the view that instead of focusing on a narrow ...

Nothing is certain except death and taxes.”1 In India, there is no dispute on the mandate of the sovereign to raise taxes but much debate on whom to tax, what to tax, and the rates of taxation. It is ...

President Donald Trump initiated the process of withdrawing the country from the World Health Organization (WHO) for a second time. This policy move has deep ramifications for global health outcomes ...

The man’s age doesn’t matter. He can be very old or very young. The important thing is that he doesn’t know where he is, and wants to go somewhere. —Louis Althusser (2006: 290)Perhaps no thinker’s age ...

The heinous massacre of 28 individuals is one of the largest attacks targeting civilians in recent times as even amid the tumult of conflict in Jammu and Kashmir (J&K), instances of targeting tourists ...

The World Economic OutlookThe World Economic Outlook of April 2025, a flagship publication of the International Monetary Fund, provides us with one of the first reports on the impact of the tariff ...

The substantial increase in tax devolution to states, from 32% (recommended by the Thirteenth Finance Commission) to 42% (recommended by the Fourteenth Finance Commission) of the divisible pool of ...

Though the nature of fiscal stress has changed in the last 20 years, the state’s fiscal condition has been worsening, with the fiscal deficit, revenue deficit, and debt-to-gross domestic product (GDP) ...

Police used tear gas, detained many farmers and heavily barricaded border points to block the protesters from entering New Delhi. The farmers, who rode on tractors and trucks from neighbouring Haryana ...

The 73rd and 74th constitutional amendments in 1992 added two sub-clauses, which required the commission to recommend measures needed to augment the consolidated fund of a state to supplement the ...