Fiscal Populism
Is This the End of Fiscal Populism? 16th Finance Commission’s Reset!
The Sixteenth Finance Commission report for 2026—recently tabled in Parliament and incorporated into the Union Budget—may be far more significant than a routine fiscal update. It signals a structural reset in India’s public-finance framework, stepping away from fiscal populism and enforcing tighter discipline and performance-linked funding. Seen by many as a turning point, this “reset” […]