Why managing fiscal is a tightrope for State governments
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Most State government expenditure is on social sectors, such as health and education, and economic sectors, such as agriculture and irrigation. In Kerala, such spending has driven social progress since the 1960s. The gap between expenditure and receipts is usually financed through market borrowings.
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- https://www.thehindu.com/business/Economy/the-fiscal-tightrope-for-state-governments/article71167296.ece
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- 22/10/2026 16:50 UTC
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- 22/10/2026 17:10 UTC
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