Poging GOUD - Vrij
Delhi, Punjab, Kerala, Puducherry spend more on day-to-day expenses
The Sunday Guardian
|December 22, 2024
Populist schemes such as free electricity, free transport, and monetary assistance programs are impacting the financial health of States and reducing their ability to invest in critical infrastructure, according to the Reserve Bank of India's (RBI) latest report.
-
It said, "Several States have announced sops pertaining to farm loan waiver, free electricity to agriculture and households, free transport, allowances to unemployed youth and monetary assistance to women in their Budget for 2024-25." The report highlighted that in the 2024-25 Budget, several States announced various populist measures while these measures aim to provide immediate relief to targeted groups, they significantly strain State finances, the RBI warned.
"Such spending could crowd out the resources available with them and hamper their capacity to build critical social and economic infrastructure," the report noted.
Dit verhaal komt uit de December 22, 2024-editie van The Sunday Guardian.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Sunday Guardian
The Sunday Guardian
Why India must lead in domestic data centre infra
As the global race to scale up data centre capacity accelerates, driven by the growing demand for artificial intelligence (AI) and cloud-native workloads, India finds itself at a strategic crossroads.
4 mins
October 12, 2025
The Sunday Guardian
India-EFTA trade pact to boost USD 100 billion worth of investments
India’s trade landscape marked a historic milestone as the India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA), signed on March 10, 2024, officially came into effect on October 1, 2025.
2 mins
October 12, 2025
The Sunday Guardian
PM MODI LAUNCHES AGRI SCHEMES OF RS 35,440 CR
Prime Minister Narendra Modi on Saturday launched two major agricultural schemes with a combined outlay of Rs 35,440 crore, including a mission for self-reliance in pulses, and called upon farmers to increase production to meet domestic and global demand.
1 mins
October 12, 2025
The Sunday Guardian
Halfway through government tenure, Siddaramaiah not ready to give up CM chair
In Congress-ruled Karnataka, a major cabinet reshuffle is on the cards in November.
4 mins
October 12, 2025
The Sunday Guardian
Congress leaders clamour for tickets for family members
Former Bihar Congress chiefs, former LS Speaker Meira Kumar, Bhagalpur MLA Ajit Sharma among others seek ticket for their sons, daughters in upcoming polls in Bihar
2 mins
October 12, 2025
The Sunday Guardian
CCP hijacks Tibet’s Kalachakra ceremony
Beijing is undermining Dalai Lama’s influence and reshaping Tibetan religious identity.
2 mins
October 12, 2025
The Sunday Guardian
BCI dissolves bar council, appoints special committee
The Bar Council of India has dissolved the Bar Council of Delhi and constituted a 3-member special committee to oversee its functions and conduct fresh elections by January 31, 2026.
1 min
October 12, 2025
The Sunday Guardian
Channi hails IPS officer as martyr for justice
Former Punjab CM accuses BJP mindset after IPS officer’s death sparks outrage.
2 mins
October 12, 2025
The Sunday Guardian
RBI appoints Sonali Gupta as new executive director
The Reserve Bank of India (RBI) has appointed Sonali Sen Gupta as its new Executive Director (ED), with effect from October 9, 2025. The announcement was made through an official press release by the RBI.
1 min
October 12, 2025
The Sunday Guardian
COASTAL SHIPPING ACT 2025 BUILDS THE FOUNDATIONS OF INDIA'S MARITIME FUTURE
The Act serves as a catalyst for transforming India into a leading regional shipping and trading power. Its provisions streamline licensing, improve transparency, and promote domestic capacity-building.
5 mins
October 12, 2025
Listen
Translate
Change font size