NCAER paper recommends states to create independent fiscal councils
States should create their own independent fiscal councils, with academics, financial market participants, and other experts ...
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Gujarat achieves lowest debt-to-GSDP ratio of 4.5 percent among 21 largest states in last 10 years: NCAER Economists
The National Council of Applied Economic Research (NCAER) has released a report highlighting Gujarat's exemplary fiscal ...
More states to cross 40% debt-to-GDP level by FY28; Punjab to exceed 50%: NCAER study
The NCAER study titled “The State of the States: Federal Finance in India” released on February 12 noted that nearly half of ...
Rising state debts in India widen fiscal divide, posing economic risks: NCAER report
India's state-level debt has surged significantly, with some states now facing debt-to-GDP ratios nearing 50%, raising concerns about fiscal sustainability.
Gujarat, Odisha, West Bengal and Maharashtra may have crack the debt code
Four states have managed to reduce their debt-to-GSDP ratio, while others like Punjab and Tamil Nadu have seen sharp ...