Tag: state borrowings

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The Federal Fiscal Mismatch Architecture

Source: THSubject: Federalism Context: Economist Jayan Jose Thomas has analysed the rising debt burden of Indian states, arguing that growing liabilities reflect a structural gap between states' development responsibilities and their limited revenue-raising powers, rather than merely fiscal mismanagement. The Federal Fiscal Mismatch Architecture About The Federal Fiscal Mismatch Architecture: What it is? India's fiscal …

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Examine the major causes behind the rising debt burden of Indian states in recent years. Outline a multi-dimensional strategy for ensuring fiscal sustainability at the state level.

Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment Q6. Examine the major causes behind the rising debt burden of Indian states in recent years. Outline a multi-dimensional strategy for ensuring fiscal sustainability at the state level. (10 M) Difficulty Level: Medium Reference: IE Why the question Rising debt …

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