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DEBT TO GSDP
Tamil Nadu Minister CTR Nirmal Kumar releases white paper on Electricity BoardTamil Nadu Minister for Energy Resources and Law, CTR Nirmal Kumar, on Thursday released a detailed White Paper statement on the infrastruc...
SBI Research sees Bengal budget tone most optimistic in 17 yearsWest Bengal's new budget signals a significant policy shift, moving from welfare to investment and industrial growth, according to SBI Rese...
Kerala CM VD Satheesan presents maiden UDF budget for 2026-27Kerala's Chief Minister VD Satheesan presented the state's first budget for the financial year 2026-27. The government inherited a signific...
CAG asks states to disclose off-budget borrowings in A/CsIndia's Comptroller and Auditor General, K Sanjay Murthy, urged state governments to fully disclose their off-budget borrowings. He highlig...
Kerala CM Satheesan tables white paper, flags debt burden; Opposition hits backKerala's budgetary practices are facing intense analysis. A recent white paper discloses staggering liabilities amounting to ₹5.07 lakh cro...
Kerala's liabilities top Rs 5 lakh crore; pending dues near Rs 49,000 croreKerala faces a severe fiscal challenge. Total outstanding liabilities have surpassed Rs 5.07 lakh crore. Unpaid dues and deferred payments ...
Bengal Poised to become a top state in five years: Subrata Gupta, adviser to CM, charts out the path aheadWest Bengal's new government, led by Chief Minister Suvendu Adhikari, aims to reverse the state's decline and position it among the top sta...
State capex hits 2.7% of GDP under SASCI scheme: ReportThe SASCI scheme has boosted state capital spending to 2.7% of GDP. However, utilization of central loans for capital expenditure is uneven...
West Bengal elections 2026: The real numbers test for Mamata Banerjee’s command & BJP’s pitchWest Bengal is heading into a high-stakes Assembly election scheduled in two phases on April 23 and April 29 across all 294 seats, with cou...
Kerala reports strong economic growth, rising debt levelsKerala's economy grew by 6.19 percent in 2024-25. Per-person income also increased, surpassing the national average. However, public debt s...
Rajani Sinha warns freebie culture is pushing states towards fiscal distressEconomists are sounding alarms over the escalating fiscal burden of cash handouts and subsidies, with many states facing unsustainable debt...
State debt to hit Rs 94 lakh cr: ReportStates' debt in India is expected to reach ₹94.4 lakh crore by March 2025, comprising 32.7% of GSDP, and to further climb to ₹103.6 lakh cr...
Gujarat achieves lowest debt-to-GSDP ratio of 4.5 percent among 21 largest states in last 10 years: NCAER EconomistsGujarat is lauded for its top-notch fiscal management, significantly reducing its debt-to-GSDP ratio by 4.5% in the past decade under CM Bh...
Gujarat, Odisha, West Bengal and Maharashtra may have crack the debt codeFour states have managed to reduce their debt-to-GSDP ratio, while others like Punjab and Tamil Nadu have seen sharp increases, potentially...
Indian states violating debt level set by fiscal responsibility law, says reportA report by the think tank 'Centre for Social and Economic Progress' highlights India's problem of off-budget borrowings at both the Union ...
PIL on freebies: States have nearly Rs 59,89,360 crore liability as on March 31, 2021While Uttar Pradesh and Maharashtra top the chart with liabilities of Rs 6,62,891 crore and Rs 5,36,891 crore respectively, Punjab gets the...
Pandemic leads to Maharashtra plunging into debt trap; fiscal deficit highest since FY06: ReportIn line with higher-than-budgeted deficit ratios, the state's debt-to-GSDP ratio has jumped to 20.2 per cent in 2020-21, up from 16 per cen...
States budgets can help improve India's GDP projections: SBI ResearchThe consolidated fiscal deficit of the Centre and states is thus likely to be around 12.7 per cent of GDP, assuming that the Centre’s fisca...
- Punjab's fiscal health "poorer" than Haryana's
Despite Punjab trying "hard" to bring fiscal discipline, its fiscal health when compared with Haryana, the neighbouring state is performing...
- Govt relaxes norms allowing states to borrow Rs 30,000 cr more
Operationalising the second stimulus package to boost the economy, the government today relaxed the debt relief guidelines allowing states ...