Budget 2026-27 Key Economic Data & 16th Finance Commission Recommendations | Adil Baig

Описание: Budget 2026–27 Highlights & 16th Finance Commission Recommendations Explained | UPSC & TNPSC

In this video, Adil Baig explains the key highlights of Union Budget 2026–27 along with the major recommendations of the 16th Finance Commission. The session focuses on important fiscal data, policy priorities, and structural reforms, making it highly relevant for UPSC Prelims & Mains (GS3 – Economy, Public Finance) and TNPSC Group 1.

This analysis connects numbers with concepts, helping aspirants understand not just what was announced, but why it matters for India’s economic governance.

🔍 What’s Covered in This Video:
1️⃣ Budget 2026–27 – Key Highlights

Major policy priorities of the government

Sector-wise focus: infrastructure, social sector, agriculture, MSMEs

Tax proposals & welfare schemes

2️⃣ Important Fiscal Data Explained

Fiscal deficit, revenue deficit, primary deficit

Capital vs revenue expenditure

Gross Tax Revenue & Non-Tax Revenue

Borrowings and debt management

3️⃣ 16th Finance Commission – Major Recommendations

Devolution of taxes to States

Grants-in-aid & fiscal federalism

Local bodies and cooperative federalism

Recommendations on fiscal discipline

4️⃣ Economic Significance

Impact on growth, inflation & employment

Centre–State financial relations

Relevance for Viksit Bharat 2047 vision

🎯 Why This Video is Important for Aspirants:

Very high-probability topic for UPSC Prelims & Mains (GS3 – Indian Economy)

Important for TNPSC – Public Finance & Budget

Helps in Essay writing on fiscal policy, development & governance

Builds strong conceptual clarity on Budget + Finance Commission linkage

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