Salary revisions following the central pay commission recommendations will have a severe impact on fiscally weak states
Salary revisions following the central pay commission recommendations will have a severe impact on fiscally weak states
New states have failed to perform better than the parent states both in terms of growth and governance, contrary to…
Fiscal consolidation is a major challenge faced by the Indian economy.
India is a federation with functions and finances that are constitutionally segregated between the Union and its 28 states and…
The Cabinet Committee on Economic Affairs, on September 24, 2012, approved the scheme for financial debt restructuring of discoms.
State governments receive a large proportion of their revenue from the central government in the form of a share in…
The state power utilities? losses are not a serious fiscal consolidation concern at the aggregate level. However, they are a…
The central bank is regularly cautioning states to improve their fiscal management.