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States do Centre a good turn

A sharp reduction in states' deficit augurs well for the Centre's fiscal planning

Topics
Centre | States budget | Budget

A K Bhattacharya 



A K Bhattacharya

Until about 10 years ago, the Centre’s size would be more than the combined expenditure of all the states. That changed in 2012-13. The states’ size in 2012-13 rose to Rs 14.55 trillion, which for the first time was a little higher than that of the Centre’s at Rs 14.1 trillion.

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First Published: Tue, January 24 2023. 22:37 IST

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