मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
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Youthful states build fiscal muscle; ageing states pay pension price
Business Standard
|January 27, 2026
Demographics now drive state revenue, spending, debt: RBI report
India’s states are heading towards sharply different budgetary paths as population age structures begin to drive revenue capacity, spending composition, and debt dynamics, according to the Reserve Bank of India’s (RBI's) latest State Finances: A Study of Budgets of 2025-26.
The report groups states into three categories based on the share of people aged 60 and above: youthful (less than 10 per cent), intermediate (10-15 per cent), and ageing (15 per cent or more).
Youthful northern giants like Bihar and Uttar Pradesh are riding a swelling workforce tide, with revenues reaching 19.5 per cent of gross state domestic product (GSDP). In contrast, southern ageing states like Kerala and Tamil Nadu are struggling with pensions consuming 30 per cent of social sector expenditure amid 30 per cent old-age dependency ratios (OADR), according to the report.
यह कहानी Business Standard के January 27, 2026 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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