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 …

Discuss how the expanding welfare architecture of Indian states has affected fiscal sustainability. Evaluate the trade-offs between welfare spending and capital formation. Propose institutional mechanisms for fiscal prudence without compromising inclusivity.

Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. Q5. Discuss how the expanding welfare architecture of Indian states has affected fiscal sustainability. Evaluate the trade-offs between welfare spending and capital formation. Propose institutional mechanisms for fiscal prudence without compromising inclusivity. (15 M) Difficulty Level: Medium Reference: IE Why …

“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 …

Evaluate the performance of States in augmenting their own tax revenues since Goods and Service Tax (GST) implementation. What lessons can be drawn for future fiscal devolution frameworks?

Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment Q5. Evaluate the performance of States in augmenting their own tax revenues since Goods and Service Tax (GST) implementation. What lessons can be drawn for future fiscal devolution frameworks? (15 M) Difficulty Level: Medium Reference: TH Why the question Amidst …

NITI NCAER States Economic Forum Portal

Source:  TH Context: Finance Minister will launch the “NITI NCAER States Economic Forum” portal today. The portal offers 30 years of consolidated data on social, economic, and fiscal parameters of all Indian states. About the NITI NCAER Portal: What is it? A digital platform offering comprehensive, state-wise data from 1990-91 to 2022-23, to support evidence-based …

Insights into Editorial: Democratise and empower city governments

  Context: The Reserve Bank of India (RBI) in a report, “State Finances, Study of Budgets of 2021-22”: “With the third-tier governments in India playing a frontline role in combating the pandemic by implementing containment strategies, healthcare, their finances have come under severe strain, forcing them to cut down expenditures and mobilise funding from various …

Centre allows seven states to borrow more

GS Paper 3: Topics Covered: Inclusive growth and issues relating it.   Centre allows seven states to borrow more Context: The Finance Ministry has permitted seven States to borrow an additional ₹16,691 crore, linked to their having met specified capital expenditure targets in the June to September quarter.   Background: States were required to achieve at …