Indian states have whopping debts, with high fiscal deficits. From 31.7% to 21.7% back to 31.2%, most of the Indian states are back to square one. Shekhar Gupta decodes the data on Indian states' profligacy, deficits approaching bankruptcy & a GST-linked problem, in episode 1133 of ThePrint #cuttheclutter
Brought to you by @KiaInd
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PRS report: https://prsindia.org/files/parliament/discussion_papers/Discussion_Paper_State_Finances.pdf
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Cut The Clutter EP 1035 : https://youtu.be/Wja9qrpTpMo
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