Finance Commission

Current Affairs for Week 36 of 2026

1. Bihar Cabinet approves ₹9,169 crore for urban local bodies

   The Bihar Cabinet on 2 September cleared ₹9,169 crore for all urban local bodies in the State for five years, from 2026-27 to 2030-31, under the Sixteenth Finance Commission award. Urban Development Minister Nitish Mishra said about 90% of the money is distributed on population and 10% on a performance criterion.

   Source: The Hindu (Patna edition)