GSDP

Small States must prioritise raising their own revenue to reduce their dependency on the Union government The fiscal situation of India’s States has garnered significant attention in recent times. Despite ample data on State finances, most…

The logo of McKinsey & Company management consulting firm. File. | Photo Credit: AFP Uttarakhand has hired McKinsey, a global management consultancy, to help the Himalayan State in achieving the target of doubling its Gross State…

States have done off-balance-sheet borrowings through various entities in FY22, resulting in a 1 percentage point increase in such hidden loans to 4.5% of GSDP, a report said on Wednesday.The report by ratings agency Crisil, based on an…

CHENNAI : Pre-budget meet: TN for unconditional borrowings of 5% GSDP for FY 2022-23 owing to COVID With the States incurring huge expenditure to combat the Covid-19 pandemic with…