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<p style="text-align:justify"><em>Bihar, Kerala, Punjab, Rajasthan and West Bengal could face a crisis if they fail to curb non-merit expenditure, the central bank has warned</em></p>
<p style="text-align:justify">A study of fiscal parameters of states by the Reserve Bank of India (RBI) identified Bihar, Kerala, Punjab, Rajasthan and West Bengal as highly stressed due to their high debt levels, the quality of expenditure and the level of fiscal deficit. These states could face a crisis if they fail to curb non-merit expenditure, the study has warned.</p>
<p style="text-align:justify">High debt also implies that a state spends a significant share of its revenues on servicing the debt. Several states spend about 10 percent or more of revenue receipts on interest payments, with Punjab and West Bengal spending more than 20 percent.</p>
<p style="text-align:justify">The study, published in the June edition of the central bank’s monthly bulletin, identified another five states as fiscally vulnerable due to their high debt levels. These are Andhra Pradesh, Haryana, Jharkhand, Madhya Pradesh and Uttar Pradesh. The study group was guided by deputy governor Michael Patra.</p>
<p style="text-align:justify">Of the 10 stressed states, Punjab seems to be in the most perilous situation, an outcome of years of freebies such as free power to farmers handed out by successive governments. Among all states, Maharashtra is in the most comfortable situation with its debt to gross state domestic product (GSDP) ratio under 20 percent.</p>
<p style="text-align:justify">Please <a href="https://www.moneycontrol.com/news/business/economy/what-is-the-financial-position-of-the-5-states-described-as-stressed-by-rbi-8749121.html?fbclid=IwAR3BXKqI_p0lQTsCKPPe_BzxlqanY1UznMr9g86uQgcVDqbCJZsEWyzegZY">click here</a> to read more. </p>
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LATEST NEWS UPDATES | What is the financial position of the 5 states described as stressed by RBI? -Tina Edwin </title>
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Bihar, Kerala, Punjab, Rajasthan and West Bengal could face a crisis if they fail to curb non-merit expenditure, the central bank has warned
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Bihar, Kerala, Punjab, Rajasthan and West Bengal could face a crisis if they fail to curb non-merit expenditure, the central bank has warned
A study of fiscal parameters of states by the Reserve Bank of India (RBI) identified Bihar, Kerala, Punjab,..." />
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<a href="https://im4change.in/latest-news-updates/what-is-the-financial-position-of-the-5-states-described-as-stressed-by-rbi-tina-edwin.html" target="_blank">What is the financial position of the 5 states described as stressed by RBI? -Tina Edwin</a>
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<br><small>June 28, 2022</small>
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Bihar, Kerala, Punjab, Rajasthan and West Bengal could face a crisis if they fail to curb non-merit expenditure, the central bank has warned
A study of fiscal parameters of states by the Reserve Bank of India (RBI) identified Bihar, Kerala, Punjab, Rajasthan and West Bengal as...</p>
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<br><small>June 28, 2022</small>
<p style="padding-top: 6px;">-The Telegraph
Government had alleged that 'weight of indicators in which the country was performing well has been reduced'
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<br><small>June 28, 2022</small>
<p style="padding-top: 6px;">-The Telegraph
In attendance at the Jantar Mantar rally were Jairam Ramesh and Ajay Maken of the Congress, which has been accused of lukewarm opposition to the verdict
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<br><small>June 27, 2022</small>
<p style="padding-top: 6px;">-Financial Express
The extent of asymmetry between the support extended by the developing and the developed countries was brought to the fore in an earlier paper jointed submitted by India, China and some others.
India, along with 80-odd developing countries, has sought a revision of the over...</p>
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<br><small>June 27, 2022</small>
<p style="padding-top: 6px;">-Down to Earth
Suitable policies need to be in place in order to enhance the prospects for contract farming in the state
A 52-year-old, better-off farmer from Sehjo Majra in Ludhiana district of Punjab has been practising contract farming for more than 20 years. This farmer contracts...</p>
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Bihar, Kerala, Punjab, Rajasthan and West Bengal could face a crisis if they fail to curb non-merit expenditure, the central bank has warned
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<a href="https://im4change.in/latest-news-updates/what-is-the-financial-position-of-the-5-states-described-as-stressed-by-rbi-tina-edwin.html" target="_blank">What is the financial position of the 5 states described as stressed by RBI? -Tina Edwin</a>
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<br><small>June 28, 2022</small>
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Bihar, Kerala, Punjab, Rajasthan and West Bengal could face a crisis if they fail to curb non-merit expenditure, the central bank has warned
A study of fiscal parameters of states by the Reserve Bank of India (RBI) identified Bihar, Kerala, Punjab, Rajasthan and West Bengal as...</p>
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<br><small>June 28, 2022</small>
<p style="padding-top: 6px;">-The Telegraph
Government had alleged that 'weight of indicators in which the country was performing well has been reduced'
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<br><small>June 28, 2022</small>
<p style="padding-top: 6px;">-The Telegraph
In attendance at the Jantar Mantar rally were Jairam Ramesh and Ajay Maken of the Congress, which has been accused of lukewarm opposition to the verdict
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<br><small>June 27, 2022</small>
<p style="padding-top: 6px;">-Financial Express
The extent of asymmetry between the support extended by the developing and the developed countries was brought to the fore in an earlier paper jointed submitted by India, China and some others.
India, along with 80-odd developing countries, has sought a revision of the over...</p>
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<br><small>June 27, 2022</small>
<p style="padding-top: 6px;">-Down to Earth
Suitable policies need to be in place in order to enhance the prospects for contract farming in the state
A 52-year-old, better-off farmer from Sehjo Majra in Ludhiana district of Punjab has been practising contract farming for more than 20 years. This farmer contracts...</p>
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LATEST NEWS UPDATES | What is the financial position of the 5 states described as stressed by RBI? -Tina Edwin </title>
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Bihar, Kerala, Punjab, Rajasthan and West Bengal could face a crisis if they fail to curb non-merit expenditure, the central bank has warned
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<br><small>June 28, 2022</small>
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Bihar, Kerala, Punjab, Rajasthan and West Bengal could face a crisis if they fail to curb non-merit expenditure, the central bank has warned
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<br><small>June 28, 2022</small>
<p style="padding-top: 6px;">-The Telegraph
Government had alleged that 'weight of indicators in which the country was performing well has been reduced'
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<br><small>June 28, 2022</small>
<p style="padding-top: 6px;">-The Telegraph
In attendance at the Jantar Mantar rally were Jairam Ramesh and Ajay Maken of the Congress, which has been accused of lukewarm opposition to the verdict
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<br><small>June 27, 2022</small>
<p style="padding-top: 6px;">-Financial Express
The extent of asymmetry between the support extended by the developing and the developed countries was brought to the fore in an earlier paper jointed submitted by India, China and some others.
India, along with 80-odd developing countries, has sought a revision of the over...</p>
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<br><small>June 27, 2022</small>
<p style="padding-top: 6px;">-Down to Earth
Suitable policies need to be in place in order to enhance the prospects for contract farming in the state
A 52-year-old, better-off farmer from Sehjo Majra in Ludhiana district of Punjab has been practising contract farming for more than 20 years. This farmer contracts...</p>
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LATEST NEWS UPDATES | What is the financial position of the 5 states described as stressed by RBI? -Tina Edwin
-MoneyControl.com
Bihar, Kerala, Punjab, Rajasthan and West Bengal could face a crisis if they fail to curb non-merit expenditure, the central bank has warned
A study of fiscal parameters of states by the Reserve Bank of India (RBI) identified Bihar, Kerala, Punjab, Rajasthan and West Bengal as...
-The Telegraph
Government had alleged that 'weight of indicators in which the country was performing well has been reduced'
Calcutta: A senior researcher of the Yale Center for Environmental Law and Policy, which prepared the global Environmental Performance Index 2022 report that put India at the bottom...
-The Telegraph
In attendance at the Jantar Mantar rally were Jairam Ramesh and Ajay Maken of the Congress, which has been accused of lukewarm opposition to the verdict
A civil society struggling to come to terms with the Supreme Court verdict in the Zakia Jafri case hit...
-Financial Express
The extent of asymmetry between the support extended by the developing and the developed countries was brought to the fore in an earlier paper jointed submitted by India, China and some others.
India, along with 80-odd developing countries, has sought a revision of the over...
-Down to Earth
Suitable policies need to be in place in order to enhance the prospects for contract farming in the state
A 52-year-old, better-off farmer from Sehjo Majra in Ludhiana district of Punjab has been practising contract farming for more than 20 years. This farmer contracts...
