Weak revenue mobilisation, high spending, low capital outlay limiting state’s fiscal space, says August 2026 NCAER working paper for Niti Aayog. Suggests stronger tax & non-tax revenue mobilisation.
If quantum of off-budget borrowings is included as part of debt, govt's overall liability was 44.27 percent of GSDP in 2023-24, public watchdog says in report.
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.
The state Economic Survey 2025-26, released Monday, projects a family income of nearly Rs 16 lakh. But seven in 10 families live their year on less than Rs 1.80 lakh, according to Parivar Pehchan Patra data.
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.
Repeated changes in cotton import duty have prioritised textile competitiveness when mills face high input costs. But policy can also put pressure on farmgate prices.
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