Selected Tag: states
Selected Tag: states

Budget 2026

Fiscal Federalism, Transfers, and the Case for an Independent Anchor

With discretionary transfers growing and predictability eroding, India’s fiscal federal system needs an independent anchor to restore trust and stability.

Arvind Mayaram

January 31, 2026 at 4:14 AM IST

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Economic Survey Flags Fiscal Strain on States from Cash Transfers

"With markets pricing government debt on a consolidated basis, persistent revenue deficits or an expansion of committed expenditures at the State level could affect sovereign bond yields."

BasisPoint Insight

January 29, 2026 at 8:53 AM IST

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Budget 2026

How Federal Drift Is Starving Strategic Priorities

As the Centre expands into state subjects, defence, R&D and strategic autonomy suffer. India’s budget problem is not size, but misplaced priorities.

TK Arun

January 21, 2026 at 8:15 AM IST

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Budget 2026

State Finances are India’s New Macroeconomic Frontier

India’s fiscal story can no longer be read through the Union Budget alone. State borrowing and spending now shape growth, interest rates and macroeconomic stability.

Duvvuri Subbarao

January 20, 2026 at 3:30 AM IST

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India’s Bond Yields Are Rising for a Reason, and It Isn’t the Centre

India’s fiscal optics look tidy, but swelling state borrowings are distorting bond yields, overwhelming demand and blunting the RBI’s liquidity toolkit.

Yield Scribe

January 6, 2026 at 3:37 AM IST

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Why One-Size Fits All Economic Policy Fails India’s Uneven Growth Reality 

India’s uneven states need tailored risk capital, not uniform rules; easing AIF norms could unlock diaspora money and help regions escape the poverty trap.

Arvind Jha

December 26, 2025 at 8:35 AM IST

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sulabhinternational.org

Beyond Funding: What Really Determines Employment Guarantee Success?

The success of the newly-enacted VB-G Ram G will depend on how well its implementation is adapted to local conditions. Despite high poverty, MGNREGA failed to guarantee employment in many states, highlighting that one-size-fits-all policies rarely work.

Nilanjan Banik

December 22, 2025 at 8:13 AM IST

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Why State Finances are Feeling the Strain: A Case Study of Three States

Election-time freebies are straining state budgets as debt stays elevated, revenues lag and committed spending crowds out investment. Case studies from Bihar, Punjab and West Bengal show how giveaways risk locking states into deeper borrowing and fiscal stress.

Abhishek Dey

December 18, 2025 at 8:57 AM IST

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https://fincomindia.nic.in/

STATES

Some State Investment Summits Do Hold Significantly More Promise 

Kerala’s Communists had blocked capitalist growth after freeing the people from pre-capitalist shackles that impeded growth, and now they seem to have realised their error.

TK Arun

February 24, 2025 at 3:57 AM IST

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The Bureau

India-EU Trade Deal: Beyond the Headlines
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