Horizontal Devolution | Economy & Governance for Mains скачать в хорошем качестве

Horizontal Devolution | Economy & Governance for Mains

In this video class, Vijay Sir explains the 16th Finance Commission of India in a clear, structured, and exam-oriented manner. The session focuses on the key recommendations, fiscal logic, and implications for Centre–State relations, making it highly relevant for UPSC Prelims, Mains (GS II & GS III), and Interview. Timestamps 0:00 - introduction 2:03 – vertical devolution 3:12 – grants & fiscal autonomy 4:40 – horizontal devolution 13:20 – empowering local bodies 14:49 – disaster risk financing 17:02 – structural reforms 18:30 – fiscal discipline 🔎 Why the 16th Finance Commission Matters The Finance Commission is a constitutional body that strengthens fiscal federalism by ensuring fair distribution of financial resources between the Centre and States. The 16th Finance Commission is especially important due to ongoing debates on tax devolution, performance-based grants, and fiscal discipline. 📌 Key Recommendations of the 16th Finance Commission: States’ share in the divisible pool retained at 41% for the period 2026–31 Emphasis on performance-linked grants instead of entitlement-based grants Major grants allocated to rural and urban local bodies, focusing on accountability and outcomes Introduction of basic grants + performance grants for Panchayats and Municipalities Greater focus on urbanisation and city infrastructure needs Dedicated disaster management grants with improved disaster financing mechanisms Discontinuation of revenue deficit, sector-specific, and state-specific grants Stress on fiscal consolidation and transparency in government borrowing Recommendation to include off-budget borrowings while assessing fiscal deficit States advised to maintain fiscal deficit within 3% of GSDP 🧠 Analytical Insights for UPSC Answers: Shift from welfare-oriented transfers to outcome-based fiscal governance Strengthening of local self-governments through incentives for performance Promotion of cooperative yet competitive federalism Concerns regarding capacity constraints of poorer states — need for institutional support and reforms 🎯 What Aspirants Should Learn from This Video: How to write balanced Mains answers on Finance Commission & fiscal federalism How to use data and recommendations effectively in GS answers How current affairs can be linked with constitutional provisions (Article 280) Expected Prelims MCQs and Mains questions from the 16th Finance Commission 📘 Ideal for: UPSC CSE | Prelims and Mains | Polity & Economy | Current Affairs Integration 📺 Watch till the end for answer-writing tips and exam-oriented insights by Vijay Sir. Connect to us Mail : svijay14@gmail.com Phone : 9995916183 Whatsapp Chat : https://wa.me/919995916183 Insta :   / victorgrowth_coaching   Telegram Channel - https://t.me/VictorGrowthIAS #16thFinanceCommission #FinanceCommission #UPSC #UPSC2026 #UPSCPrelims #UPSCMains #GS2 #GS3 #IndianPolity #IndianEconomy #FiscalFederalism #CentreStateRelations #CurrentAffairs #LocalGovernance #AnswerWriting #VijaySir #VictorGrowth Welcome to Victor Growth IAS – Your Trusted Partner in UPSC Civil Services Preparation Victor Growth IAS is a comprehensive YouTube channel dedicated to aspirants preparing for the UPSC Civil Services Examination, including IAS, IPS, IFS, and allied services. Under the expert leadership of Vijay Sir, this channel provides structured, conceptual, and exam-oriented guidance for Prelims, Mains, and Interview (Personality Test) stages of the UPSC exam. Our mission is simple: to make high-quality UPSC preparation accessible, affordable, and effective for every serious aspirant across India. At Victor Growth IAS, we believe that success in UPSC is not about studying more, but studying smart. With a well-planned strategy, right mentorship, consistent practice, and clarity of concepts, every aspirant can achieve their dream of becoming a civil servant. This channel is designed to guide you step-by-step through the vast UPSC syllabus with clarity, discipline, and confidence. Will Learn on Victor Growth IAS This channel covers the entire UPSC syllabus in a systematic and integrated manner. Each subject is taught from the basics to advanced level, keeping both beginners and experienced aspirants in mind. Our videos are aligned with the latest UPSC exam pattern, syllabus, and trends. UPSC Prelims Preparation Polity, Constitution, Governance, and Current Affairs History: Ancient, Medieval, Modern, and Art & Culture Geography: Physical, Human, Indian, and World Geography Economy: Basics to advanced concepts with current relevance Environment, Ecology, Climate Change, and Biodiversity Science and Technology for UPSC International Relations and Security Issues Daily and monthly current affairs analysis Prelims MCQs, PYQs, and high-level practice questions