The maiden BJP budget for West Bengal seeks to balance welfare commitments with industrial ambition, but the numbers reveal where the government’s priorities lie.
The fiscal deficit should be contained through a tight vigil on subsidies by allowing necessary increases in retail prices of commodities like petrol, diesel and fertilisers.
Data from 10 major state elections since 2023 show fiscal deficits rising by about 1 percentage point of GDP in election years, while capital expenditure stayed flat.
Karnataka contributes billions to national growth and FDI, but its own finances show a revenue deficit, spiralling interest costs, and liabilities crossing Rs 11.2 lakh crore.
While Centre makes progress lowering debt from pandemic peak and cutting borrowing costs, states face slower adjustment with limited market discipline, survey finds.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
In a seminal work, former military officers Lt. Gen. D.S. Hooda & Lt. Col. Pavithran Rajan put forth a framework to approach cognitive warfare, called Socio-Technical-Cognitive Battlespace.
India, China and Russia share more contradictions than congruence. Each has a different worldview, as also a different adversary. The rude fact is that BRICS is the most irrelevant of all such groupings.
This is the difference between leftist parties who just want to appease certain voters and not give a damn about fiscal health.
Obviously most people are such sycophants for Congress and their allies that they can even realize the obvious.
There are 100 problems with BJP but they are far better than all these parties who are only going to destroy this country