New Fiscal Anchor Unlocks Billions for National Capital Expenditure
Discover how a new fiscal anchor is freeing up billions for national capital expenditure, boosting long-term economic growth and infrastructure.
Public finance
Read More
State Election Cycles and the Erosion of India’s Fiscal Discipline
The Cost of Political Promises As India moves through a dense cycle of state assembly elections, regional governments across the country are increasingly prioritizing expansive welfare schemes over long-term fiscal stability. This trend, which has accelerated throughout 2023 and 2024, is pushing state-level fiscal deficits beyond the 3 percent threshold, fundamentally altering the nation’s macroeconomic…