The court observed that Kerala’s petition points to 'various questions of significant importance impacting the federal structure of governance as embedded in Constitution'.
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.
Govt to borrow Rs 8.45 lakh crore from market in the first half of 2022-23 by issuing bonds. Over 10 years, there has been a substantial increase in govt’s borrowings through bonds.
Since general government debt will rise regardless of who borrows for GST compensation, a plan to move to a sustained borrowing trajectory should be made.
Tamil Nadu CM writes to PM Modi, other state finance ministers have virtual meeting to prepare for prolonged battle with central govt on GST compensation.
Loans from NSSF to PSUs have risen 500% since 2016-17, though some can’t repay them. Critics say this is govt’s way of keeping fiscal deficit in control.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
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