Nishank Rathore, 20, was found dead on railway tracks soon after a post about 'beheading' as punishment for insulting Prophet appeared on his Instagram profile. Police deny foul play.
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.
Punjab's finances the biggest challenge facing the AAP govt about to table its first budget. ‘Increasing revenue without imposing new taxes’ priority, says finance minister Cheema.
PM Shehbaz Sharif said that a life of debt is no life. But a look at the history of Pakistan’s loans suggests his predecessors perhaps lacked economic wisdom.
As is common in populist regimes, critics objecting to elevation of crank theories to official policy were painted as foreign agents or nattering nabobs of negativity.
At 53% in 2021-22, Punjab has worst debt-to-GSDP ratio. CAG data shows UP’s interest payments have grown by 6% in 5 years. Andhra’s outstanding debt hit Rs 3.89 lakh crore in 2021-22.
Having already missed a 31 December deadline to lenders, Future has until the end of this month to come up with the money for the debt. But insiders say it won’t be able to do so.
The Narendra Modi government is looking at ways to check states’ spending on handouts like free electricity and rations. The first step is to tighten the noose on state borrowings.
Kashmir as a crisis has fallen off our headlines and from the top of our collective minds. Which is precisely the most important change for the better.