Category : Search result: state debt burden


India's Debt-to-GDP Target: Key Challenges Explained

India shifts from fiscal deficit to debt-to-GDP as its primary fiscal anchor from 2026-27. While offering flexibility, low tax revenues pose a significant challenge to achieving the 50% target by 2031.

Ashoka: Siddaramaiah is 'Biggest Borrowing CM'

BJP's Ashoka criticizes CM Siddaramaiah's financial record, calling him Karnataka's 'Biggest Borrowing CM'. Explore the political clash over state debt and legacy. Read more.

Govt Must Ease Litigation to Reduce Judiciary's Burden

India's 54 million pending cases, nearly half involving the state, shave 1.5% off GDP yearly. A five-point agenda to curb government's compulsive litigation culture is crucial for justice and economic growth.

CAG: States' Fiscal Health Fragile as Debt Mounts

CAG report reveals Indian states face mounting fiscal stress with rising debt and rigid spending, limiting investment capacity. Key findings on revenue, deficits, and liquidity concerns.

RBI: Consumption Loans Dominate Household Borrowing

RBI data reveals a shift in Indian household debt, with over 55% now for retail consumption. Household debt-to-GDP hits 41.3%, but savings improve. Explore the full financial stability report.

New Rural Job Act's Funding Shift Strains States

The new VB-G RAM G Act replaces MGNREGA, shifting more fiscal burden to states. Analysis reveals a potential Rs 30,000 crore extra cost and implementation hurdles. Read the full story.

Welfare Populism Threatens India's Fiscal Health

State-level welfare expansion is pushing India into a debt trap, risking national economic stability. Experts call for a unified National Welfare Policy based on fiscal discipline and transparency. Read more.

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