[ad_1] New Delhi: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved three major infrastructure and farm-linked projects worth over â‚ą4,800 crore These include a six-lane Zirakpur bypass in Punjab-Haryana, rail track doubling in Andhra Pradesh and Tamil Nadu, and modernization of command area irrigation systems under an expanded…
[ad_1] As the 16th Finance Commission (FC) begins deliberations, Tamil Nadu has made a strong case for restructuring India’s fiscal federalism. Chief Minister M.K. Stalin’s demand for a 50% share of central tax revenues—up from the current 41% FC recommendation and actual average devolution of just over 33%—not only reflects its financial needs, but is…
[ad_1] While local governments and states have made strides in adaptation measures and community-driven initiatives, the country’s central institutional frameworks and governance mechanisms are not yet aligned with its goals. Global experience underscores the need for a decentralized approach, empowering local governments and supported by robust legislation and financial incentives, to address diverse climate challenges….
