Centre for Law and Legislative Research
Public Policy Think Tank based in New Delhi India
Papers and Briefs
Budget 2026–27 is framed against a decade-long macroeconomic trajectory marked by stability, fiscal discipline, sustained growth of around 7 per cent, and moderate inflation. As defined in the Finance Minister’s opening speech this performance is the outcome of conscious policy choices that prioritise reform over rhetoric, fiscal prudence over populism, and people-centric outcomes over short-term expediency
Service title 2
Tanupriya
Issued Date
2nd February 2026
The Finance Commission is a constitutional institution under Article 280 of the Indian Constitution, for the recommendation of the framework governing fiscal relations between the Union and the States. The 16th Finance Commission, chaired by Dr Arvind Panagariya, submitted its report for the five-year period from 2026–27 to 2030–31, which was tabled in Parliament on February 1, 2026
Issued Date
6th February 2026
Tanupriya
The Union Budget 2026 marks a significant change in India’s development by prioritizing women led Self Help Groups (SHGs) inclusive economic growth. SHGs have served as a national tool for poverty alleviation and empowerment of women, their significance in Northeast India is profound.
Issued Date
6th February 2026
Vasundhara
Snippets
Growth rate and investment outlook
· The Budget uses ongoing investment as the key to growth despite global uncertainty.
· Long-term investment is a key objective, with a focus on integrating India with global markets through exports.
· Reliance on public investment remains high, as the private sector's reluctance to invest persists.
No Sunset Date for Old Tax Regime
The CBDT confirmed there is no deadline to switch from the old tax regime, allowing taxpayers a continuous choice between the old and new systems. The department also noted that nearly 95% of income tax refunds have been issued, emphasizing that faster processing and taxpayer convenience remain key priorities.
India- Malaysia strategic agreements signed on February 9, 2026 | World Affairs
India and Malaysia signed 11 agreements in Kuala Lumpur on 9 February 2026.
It covers areas of trade, defence, energy, and semiconductors.
Both promoted rupee-ringgit trade settlement and deeper economic ties
Focus on Indo-Pacific peace, security, and strategic cooperation.
India Increases Budget for Space Research | Science and technology
Union Budget 2026-27 allocates ₹13,416.20 crore for the Department of Space to give a fillip to indigenous research. Among the key proposals are the setting up of two state-of-the-art telescopes in Ladakh, namely, the National Large Solar Telescope and the National Large Optical-Infrared Telescope, besides upgrading the Himalayan Chandra Telescope. This is expected to lessen dependency on foreign observatories and also put an end to the scientific brain drain from the country.
Indo-US Tariff Cut Stokes Farmer Fears| Economy
The Indo-US trade deal is under the spotlight over 0% import tariffs on US goods, especially in agriculture.
Farmer unions warn that the policy move is a betrayal that risks flooding the indian market with American produce, potentially triggering another large-scale farmer protest,
challenging the government.
The Doomsday Glacier | Geography
The Thwaites Glacier in Antarctica is a key indicator of sea-level rise in the near future.
It is the ice shelf that acts as a support brace to slow down ice movement into the sea.
However, global warming is causing water to melt the foundation of the ice, causing an acceleration of the glacier.
If it collapses, global sea levels are expected to jump by half a meter.
Upcoming Events
Intern Felicitation Program (Feb 27th or 28th tentative)
The institution will organise a felicitation program for the legal interns who have completed their one month long internship at the Centre for Law and Legislative Research. On the same day, research paper prepared by the interns will be presented. Esteemed Judges from Delhi High Court and Supreme Court will grace the ceremony as Chief Guests.
Stay tuned for more
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