Latest News on State Finances
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State Finances - Total results - 6
Jul 12, 2018
States slip on fiscal targets on farm loan waivers, GST, says Reserve Bank studyHigher expenditure on salaries and farm loan waivers, coupled with a revenue shortfall on GST implementation, led to a slippage of 0.35 percent in states' fiscal targets to 3.1 percent in 2017-18, the RBI said on Thursday
Jun 21, 2017
Farm loan waivers, Uday bonds to impact state finances: SBI research report"We estimate that out of 29 states, after implementation of loan waiver and UDAY, only 8 states will have now less than 2.5 percent fiscal deficit," the report said.
Apr 12, 2016
Stick to fiscal discipline, spend on infrastructure: Jaitley tells statesArun Jaitley asked the state governments to spend effectively in such a manner that there is "optimum use of resources without leakages"
Jan 30, 2016
Why UDAY, 7th Pay Commission are ticking time bombs on states' financesWhat will the double whammy of the UDAY (Ujwal Discom Assurance Yojana), the central government’s financial turnaround scheme for state power distribution companies, and pay revisions of government employees do to the finances of state governments?
Mar 29, 2015
The politics of fiscal federalism: Rs 1,85,000 cr bonanza to states shouldn't result in regional cronyismToday the BJP, with a simple majority in Lok Sabha, is promoting substantial fiscal federalism but with the hope that this could be combined with the broader idea of promoting cultural nationalism. Indeed, it is a new kind of dialectics the Parivar may be working on
Mar 12, 2014
The real estate crisis will devastate state finances - time to prick the price bubbleStates are increasing their dependence on revenues from real estate. The current stagnation is bad news. The only way to revive sentiment is to adopt policies that deflate the bubble