Day 14 | 12.07.2026
1) Union Budget 2026-27 walks a fiscal tightrope between consolidation and growth. Critically analyse the budget's approach to capital expenditure, fiscal deficit management and debt sustainability. (600 words)
2) The 16th Finance Commission has retained vertical devolution at 41% but restructured horizontal devolution criteria. What are the implications of these changes for fiscal federalism in India? (600 words)
2July 12, 2026 7K 6 23
