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Can Nitish-Tejashwi's second coming stem Bihar's rot?

Various indicators make it amply clear that there are grave challenges facing the new government of Chief Minister Nitish Kumar, reports Indivjal Dhasmana. IMAGE: Bihar Chief Minister Nitish Kumar......

UP, Maharashtra have maximum debt, says petitioner in freebies PIL

The states have outstanding liabilities of a whopping Rs 59,89,360 crore as on March 31, 2021, and the new sources of risk have emerged in the form of rising expenditure on non-merit freebies, the......

Can Bhagwant Mann stop Punjab from going the Sri Lanka way?

Bhagwant Mann stares at a twin-headed monster: Resuscitating the state's debilitated public-sector enterprises and controlling the spiralling debt to keep the State machinery and his poll-fuelled......

Freebies Making States Cash-Strapped?

While the likelihood of these states going the Lanka or Greece way may be an alarming assessment, the financial situation of some states such as Punjab and West Bengal is indeed quite weak.......

Uphill task for Mann to replicate Delhi model in Punjab

Given the sheer size of the state, achieving a similar turnaround in Punjab as promised could be a different ball game altogether, reports Sai Manish. IMAGE: Punjab Chief Minister Bhagwant Mann.......

Budget short on structural reform announcements: Fitch

India's budget for the fiscal beginning April focuses on giving a boost to the ongoing economic recovery through a sharp increase in capex spending but is short on major growth-enhancing structural......

Budget lacks any serious measures to boost revenue: Moody's

The Union Budget lacks any tangible measures to increase revenue generation even though the capital expenditure  plans have gone up significantly and the fiscal deficit estimate suggests that......

Why Amit Mitra is important to Mamata

No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of......

'As finance minister, it is very difficult to do as much as one should'

'Since the NDA took office in 2014, and aggressively since 2019, the Union government seems hell bent on centralising all power and resources, only to fail spectacularly,' Tamil Nadu Finance......

Cost of vaccinating everyone above 18 years is just 0.36% of GDP: India Ratings

Vaccinating all citizens above the age of 18 years against COVID-19 will cost Rs 67,193 crore, of which states together will incur Rs 46,323 crore, India Ratings and Research (Ind-Ra) said on......
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