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Analysis: Congress guarantees may cause fiscal slippages. Can India afford it?

According to an economist who spoke on the condition of anonymity, the schemes outlined by the Congress in their manifesto could lead to a slippage of 1.5-2 percentage points to the fiscal deficit target of 5.1 percent for FY25 assuming everything else stays the same. But, measures like rationalising expenditure coupled with higher revenues on account of a widening tax base could very well limit any potential, sharp escalations to the deficit.

India
Mahalaxmi
Maharashtra
Rathin-roy
Rahul-gandhi
V-anantha-nageswaran
Lekhas-chakraborty
Jairam-ramesh
Devinder-sharma
Lok-sabha
Nirmala-sitharaman
Bharatiya-janata-party

High debt, low capex spend dominates Bengal's economic profile

The state’s economic indicators are respectable, but it has not been able to woo investments and keep a lid on debt levels.

United-kingdom
Balurghat
West-bengal
India
Karnataka
Kolkata
Haryana
Telangana
Andhra-pradesh
Singur
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Sanand

The Kerala Story: High on social indices, not so much on infra

The southern state has done splendidly in the last 20 years, but its infrastructure growth is lagging the rest of the country. In 2023-24, it allocated 2.1 percent of its total expenditure towards roads and bridges, which is sharply lower than the 4.5 percent average allocation by states.

Kerala
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Trivandrum
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Ernakulam
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Economic-advisory-council
Central-electricity-authority
Supreme-court-on
Human-development-index

Centre-state tax sharing row: No problem with formula, say experts

Centre-state tax sharing row: No problem with formula, say experts
newindianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newindianexpress.com Daily Mail and Mail on Sunday newspapers.

Telangana
Andhra-pradesh
India
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Uttar-pradesh
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Karnataka
Barun-kumar
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Nirmala-sitharman

Moneycontrol Policy Next | India's 10 Trillion Dollar Run

Moneycontrol Policy Next | India's 10 Trillion Dollar Run
moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.

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