Rising welfare commitments are straining state finances, pushing deficits higher, crowding out capital spending, and limiting fiscal flexibility as competitive populism entrenches across India’s states.
BasisPoint Insight
May 5, 2026 at 3:06 AM IST
March 27, 2026 at 4:07 AM IST
iStock.com
February 10, 2026 at 5:41 AM IST
India’s FY26 GDP estimates signal strong headline growth but a clear second-half slowdown, with momentum front-loaded in services. Weakening industry, low nominal growth and fading base effects point to softer expansion heading into next fiscal.
January 8, 2026 at 2:24 PM IST