state finances
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January 06, 2021, Wednesday
Huge spike in states' Q4 spend to be used mostly to settle current bills
Aggregate debt raised from the market by states has risen in nine months of this year by a massive 43.5% over last year. It is ...
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November 06, 2020, Friday
Best of BS Opinion: Brace for return migration, overseas listing, and more
Here's a selection of Business Standard opinion pieces for the day
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November 06, 2020, Friday
Why the fifteenth finance commission report merits a proper discussion
It is vital that we have a proper discussion on the medium-term economic and fiscal situation based on the Fifteenth Finance ...
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October 21, 2020, Wednesday
The curious case of a Rs 2.55-trillion discrepancy in state govt accounts
The territories have either spent excessively or have saved unreasonably. In either case, there is a cost that the citizen ends ...
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June 12, 2020, Friday
Revenue and compensation on table at GST Council meeting on Friday
The government has rung up just about Rs 95,000 crore as GST in April and May together, and that is less than half compared with ...
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May 16, 2020, Saturday
Fiscal stimulus by FM is mostly credit oriented, says Subhash Chandra Garg
He said that the fiscal stimulus, by its very nature, is additional fiscal burden on the public finances
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April 17, 2020, Friday
RBI raises limit on ways and means advances, but states aren't impressed
Ways and means advances (WMAs) are short-term advances the central bank gives to help states tide over temporary mismatches in ...
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April 03, 2020, Friday
Top headlines: Steel firms struggle, state finances to take a hit, and more
From Uber and BigBasket joining hands to deliver essentials, oil producers seeking relief from govt to venture capitalists ...
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December 04, 2019, Wednesday
State FMs meet Sitharaman, express concern over delay in GST compensation
Speaking to reporters after the meeting, Punjab Finance Minister Manpreet Singh Badal said, August and September compensation has ...
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October 09, 2019, Wednesday
How over-dependence on central funds is driving states to fiscal peril
The RBI report on state finances shows that states' own revenues are faltering, while its social spending is rising squarely on ...