The 16th Finance Commission has recommended notifying heatwaves and lightning as national disasters, enabling SDRF support for relief and mitigation. With a proposed ₹2.04 lakh crore allocation for 2026–31, the move marks a shift toward proactive climate risk management and protection of vulnerable populations.
Click to View MoreThe 16th Finance Commission backs 41% vertical devolution but reshapes horizontal criteria by adding States’ GDP contribution, balancing equity with performance. It proposes fiscal discipline through curbing off-budget borrowings, subsidy sunset clauses, and power reforms, while flagging cesses and surcharges as a key challenge to cooperative federalism.
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