Funds to states way below 42%; why that hurts growth
Against the Finance Commission awards, Centre collects cess and surcharge but devolves less to states as share in fiscal resources.
surcharge
January 2022
July 2019
Budget fine print drags markets down
Indices see biggest single-day fall in four years in first full trading day after the Union Budget was unveiled. The BSE Sensex closed 907 points lower, while NSE’s Nifty50 slipped 207 points.
