NCAER paper recommends states to create independent fiscal councils
States should create their own independent fiscal councils, with academics, financial market participants, and other experts ...
Rising state debts in India widen fiscal divide, posing economic risks: NCAER report
India's state-level debt has surged significantly, with some states now facing debt-to-GDP ratios nearing 50%, raising concerns about fiscal sustainability.
4 states manage to lower debt level in 10 years: Study
Only Gujarat, Odisha, West Bengal, and Maharashtra have reduced their debt-to-GSDP ratios, while Punjab and Tamil Nadu have seen significant increases. Economists propose enhanced fiscal oversight and ...