States' Fiscal Deficit

Real cost of freebies is the erosion in quality of public spending

State debt and deficits do not capture the damage that doles inflict on the quality of public spending

Andhra's borrowings in first half of fiscal year far exceed revenues

Revenue deficit touched a staggering Rs 45,472.77 crore, according to the state finance accounts released by the Comptroller and Auditor General.

Post stimulus, fiscal deficit of Centre, states to be at 12% of GDP: Report

In the case of states, the fiscal gap will rise by 200 bps after the Centre hiked the borrowing limit of states to 5 per cent of GSDP on Sunday

States' FY16 fiscal deficit at Rs 4.9 lakh cr; UP, Rajasthan fare worst

Latest RBI data compares FY16 deficit to FY91 as well as projections in FY17

States' fiscal deficits touch 3.6% at 12-year high on higher capex

Excluding Uday bonds, it would have been 2.7% of GDP

States' market borrowings set to soar 22% to Rs 4.5 lakh cr in FY-18

7th pay commission, higher fiscal deficits and demonetisation likely reason