FY26 GST revenue to exceed budget targets! States will remain net gainers; here’s what SBI report says
GST revenue for FY26 is projected to surpass budget targets, according to SBI Research, despite a significant rate restructuring. The new four-tier slab system, with ...
Fiscal reform: J-PAL’s Dhaliwal urges states to fix finances for faster poverty reduction; calls for scheme rationalisation and focus on human capital
Iqbal Singh Dhaliwal of J-PAL urges states to strengthen finances for poverty reduction, highlighting excessive welfare schemes and unproductive fund use. He advocates investing in ...
State finances: Salaries, pensions and interest expenditure rises 2.5 times in 10 years; subsidy outlay triples
A recent CAG report reveals that states’ committed expenditures, including salaries, pensions, and interest payments, have surged significantly in the last decade, straining state budgets. ...
Fiscal discipline crucial for growth; states to prioritise quality spending: RBI governor
RBI Governor Sanjay Malhotra emphasized fiscal discipline for economic growth, urging states to prioritize expenditure quality and prudent borrowing. At the 35th Conference of State ...
UP among best fiscally managed states despite low per capita income: Finance Commission chief
Arvind Panagariya, Chairman of the 16th Finance Commission, lauded Uttar Pradesh’s financial management, highlighting its strong tax collection relative to GSDP and adherence to fiscal ...
