Current Affairs for UPSC

Reports · Week 21, 2026 · Local Governance And Decentralization

Exam-oriented current affairs connected to static concepts, recurring UPSC themes, and relevant Prelims PYQs.

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21 May 2026

21 May 2026 Reports prsindia.org

Report of the 16th Finance Commission for 2026-31

The article details the key recommendations of the 16th Finance Commission (Chair: Dr. Arvind Panagariya), whose report was tabled in Parliament on February 1, 2026, for the period 2026-2...

Fiscal Federalism Centre State Financial Relations Local Governance And Decentralization Finance Commission's Role And Recommendations Tax Devolution Formula And Criteria (15th Vs 16th Fc Comparison) Grants In Aid To Local Bodies (Rural, Urban)