Bihar's Populist Promises Clash With Fragile Economy

A string of welfare schemes and promises tests the state's budget, which is already heavily dependent on central support and spends little as capital outlay. IMAGE: Bihar Chief Minister Nitish......

Nitish Kumar Has The Opportunity Of A Lifetime To Change Bihar

If he cannot do it this term by using his bureaucracy and experts from different fields, it will be a tragedy, asserts Ramesh Menon. IMAGE: Bihar Chief Minister Nitish Kumar at an election meeting......

Will Bihar Lift The Liquor Ban After Polls?

Voters are weighing a stark trade-off -- between preserving a socially driven policy and reversing course to revive revenue, restore fiscal balance, and rein in the underground liquor economy.......

Is Telangana Headed For Bankruptcy?

Experts say the state's economy is grappling with hidden debt, rising welfare costs, and lack of transparency. IMAGE: Chief Minister Revanth Reddy says Telangana faces a monthly revenue shortfall......

These States Stay on Fiscal Track Despite Populist Schemes

Uttar Pradesh, Gujarat and Odisha budgets maintain revenue surpluses despite welfare schemes, while Rajasthan and West Bengal face high debt, fiscal deficits and low capital outlay. IMAGE: Uttar......

Not All Need Subsidies: Finance Secy

'If in our cities, all urban bus transport services are free, then taxpayers are paying for it, or if electricity were to be made free, that's a huge cost to the rest of the people.' IMAGE:......

'No Politics When It Comes To The Country's Finances'

'Each state is unique, but when it comes to finance, the fundamentals cannot be different.' IMAGE: Finance Minister Nirmala Sitharaman at the launch of the NITI NCAER States Economic Forum portal......

Are Luxury Homes Fuelling Surge In Home Loan Growth?

More than 58% of individual housing loans disbursed in 2023-2024 were more than 25 lakh in size. Kindly note the image has only been published for representational purposes. Photograph: Kind......