In 2025-26, Bihar is estimated to spend Rs 1,08,094 cr on committed expenditure, which is 42% of its estimated revenue receipts. This offers little scope for spending on development.
MP's growth is driven by agriculture, with industry lagging behind. State is behind on socio-economic indicators such as quality of education & maternal mortality.
Himachal's treasury has notched up overdraft of Rs 1,000 cr in 1st quarter, it is learnt. Congress's poll promises are expected to burden the state's coffers further.
RBI while analysing financial status of states last year termed Andhra as one of top 10 high-debt states. According to CAG it used 65-81% borrowings for debt repayment between 2016-17 & 2020-21.
There is a serious investment aversion in J&K today and deep uncertainty about the future. Most businesses with loans to pay off are unlikely to survive.
In 2022, athletes claimed they were asked to wind up training early at Thyagraj Stadium so that the IAS couple could walk their dog. Then came the memes and public outrage.
Instead of buying more Mirages outright in early 2000s, the requirement was tweaked in favour of a medium-weight, multi-role fighter with Mirage-like performance.
Pakistan not only has zero chance of catching up with India in most areas, but will inevitably see the gap rising. Its leaders will offer its people the same snake oil in different bottles.
The solution to these fiscal issues of Bihar is simple , since it has delivered for the NDA. THE Centre can use some financial trickery or excuses to delay or reduce the disbursements to Opposition ruled States and divert funds to Bihar.
The solution to these fiscal issues of Bihar is simple , since it has delivered for the NDA. THE Centre can use some financial trickery or excuses to delay or reduce the disbursements to Opposition ruled States and divert funds to Bihar.