“The rising twin burden of committed expenditure and subsidies has locked Indian states into a cycle of fiscal stress”. Analyse its implications for welfare and infrastructure spending. Suggest reform measures.

Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment Q5. “The rising twin burden of committed expenditure and subsidies has locked Indian states into a cycle of fiscal stress”. Analyse its implications for welfare and infrastructure spending. Suggest reform measures. (15 M) Difficulty Level: Medium Reference: NIE Why the …

“GST reforms can stimulate consumption but risk weakening India’s fiscal consolidation”. Analyse this paradox. How can India balance short-term growth needs with long-term debt sustainability?

Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. Q5. “GST reforms can stimulate consumption but risk weakening India’s fiscal consolidation”. Analyse this paradox. How can India balance short-term growth needs with long-term debt sustainability? (15 M) Difficulty Level: Medium Reference: BS Why the question The recent GST 2.0 …