01006nam a22001337a 4500 533221 533221 260430b ||||| |||| 00| 0 eng d Chakraborty, Lekha 60338 Fiscal consolidation and federalism: Interpreting union budget 2026–27 Economic & Political Weekly 61(14), Apr 4, 2026: p.50-56 The Union Budget 2026–27, presented alongside the Sixteenth Finance Commission’s recommendations, represents a critical juncture in India’s fiscal federalism. An examination of the federal implications across key dimensions of Union Budget 2026–27, including the fiscal consolidation paths for the union and the states, tax devolution dynamics, power sector reforms and the calculus of consent in the subtle targeted sectoral announcements, is thus the focus of this article. –Reproduced https://www.epw.in/journal/2026/14/budget-2026-27/fiscal-consolidation-and-federalism.html Economic & Political Weekly AR 0 0 ddc 0 0 408391 IIPA IIPA 2026-04-30 61(14), Apr 4, 2026: p.50-56 AR138732 2026-04-30 AR