16th Finance Commission Explained | Centre-State Money Formula | UPSC Polity & Economy скачать в хорошем качестве

16th Finance Commission Explained | Centre-State Money Formula | UPSC Polity & Economy

The 16th Finance Commission is one of the most important constitutional bodies shaping Centre–State financial relations in India. It will decide how tax revenue is shared between the Union and States from 2026 onwards, making it extremely important for UPSC Prelims and Mains. In this lecture, Rahul Bhardwaj explains: ✔ Constitutional basis of Finance Commission (Article 280) ✔ Role and functions of Finance Commission ✔ Vertical and Horizontal devolution formula ✔ Key terms of reference of 16th Finance Commission ✔ Importance for Fiscal Federalism ✔ Expected challenges and reforms ✔ Previous Year UPSC Questions discussion ✔ Prelims + Mains answer writing approach This topic is highly important for GS Paper II (Polity & Governance) and GS Paper III (Indian Economy) and has strong probability for UPSC examination. 16th Finance Commission UPSC Finance Commission UPSC Finance Commission functions UPSC Finance Commission Article 280 Fiscal federalism in India UPSC Centre State financial relations UPSC Finance Commission devolution formula 16th FC chairman and members Vertical and Horizontal devolution UPSC Finance Commission current affairs UPSC Indian Polity Finance Commission Finance Commission mains answer UPSC economy current affairs Fiscal deficit and grants UPSC UPSC Prelims Polity important topics Explained by rahul bhardwaj #rahulbhardwaj #UPSC #UPSC2026 #FinanceCommission #16thFinanceCommission #UPSCPolity #UPSCPreparation #FiscalFederalism #IndianEconomyUPSC #CentreStateRelations #UPSCPrelims #UPSCMains #CurrentAffairsUPSC #SureIAS #RahulBhardwaj #MakePrelimsEasy