Illustration: Ajay Mohanty Corporate results for the April-June quarter of 2023-24 suggest a moderation in revenue and profit growth. Corporate revenues and profits have tapered off compared to the previous quarter (Q4FY23), though there has been impressive year-on-year growth, notes out lead editorial Read here In other views: In the context state government… Continue reading Growth moderation, incentivising fiscal prudence & more
Tag: Incentivising
Incentivising fiscal prudence for states
Premium Illustration: AJAY MOHANTY At 28 per cent of gross domestic product (GDP), states account for nearly a third of the total debt of Indian governments. (The central government accounts for the rest.) In coming years, the share of the states will almost certainly increase still further. The question is, by how much and —… Continue reading Incentivising fiscal prudence for states