Bengaluru, Hyderabad, and Gurugram add to the wealth of their states. It's crucial to look at district data because the 15th Finance Commission's calculation ignores intra-state inequality.
At a meeting with chief secretaries of states, Union Finance Secretary T.V. Somanathan made a presentation that highlighted a worrying rise in debt in some states.
The 15th Finance Commission, in a first-of-its-kind stock-taking exercise in the backdrop of Covid pandemic, has put out statistics about chronic shortages in India’s health system.
Current constraints, including a 9.5% fiscal deficit, make it tough for the Modi govt to give states more sectoral funds beyond the 41% share recommended by the 15th Finance Commission.
Expenditure Secretary T.V. Somanathan tells ThePrint these centrally sponsored schemes are not bad but some hard choices have to be made given the scarcity of funds.
BJP’s fate in the second phase of 2024 Lok Sabha election will be decided in Karnataka, Rajasthan, and Maharashtra, where it performed very well in 2019 but faces a stiff competition now.
The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.
Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.
COMMENTS