Zoya Springwala
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Capex growth to fall sharply for states, Bihar and five others to witness contraction
Indian states’ capital spending surge is likely to taper off in the current fiscal with growth moderating to 6.4 percent from 39.3 percent as per revised estimates for FY24, according to an analysis of 21 states which comprise 95 percent of India’s GDP by...
3 weeks ago
States to reduce fiscal deficit to 3.2% in FY25
Much like the Centre, states are likely to continue down the path of fiscal consolidation with 21 states targeting to reduce the combined fiscal deficit to 3.2 percent in FY25 from 3.5 percent in the previous year, according to a study by the National Sto...
3 weeks ago