States should create their own independent fiscal councils, with academics, financial market participants, and other experts ...

Only Gujarat, Odisha, West Bengal, and Maharashtra have reduced their debt-to-GSDP ratios, while Punjab and Tamil Nadu have ...

The NCAER study titled “The State of the States: Federal Finance in India” released on February 12 noted that nearly half of ...

A new study warns of rising debt among Indian states, with some nearing 50% of state GDP, raising concerns about fiscal ...