BasisPointInsight.com - Why State Finances are Feeling the Strain: A Case Study of Three States by Abhishek Dey Election-time freebies are straining state budgets as debt stays elevated, revenues lag and committed spending crowds out investment. Case studies from Bihar, Punjab and West Bengal show how giveaways...

2/2 Read his analysis for BasisPoint:
Why State Finances are Feeling the Strain: A Case Study of Three States 👇

#FiscalFederalism #StateFinances #PublicFinance #PoliticalEconomy #IndiaEconomy #SubnationalDebt