#StateFinances
Yes you would, around 70-80%IIRC, if, and thats a big IF, the economy would remain the same. However, once you factor in that 50-60% of Greenlandic statefinances are supplied by Denmark, and thus would stop with independence, the number in favor drops to around 20%. They do like their welfare state.
January 29, 2025 at 9:11 AM
Who is really funding India's social sector? The data delivers a stark reality check.
States are carrying a crushing burden: State social expenditure: ₹13.05 lakh crore

#FiscalFederalism #India #SocialSector #StateFinances #PublicHealth #Education #Economy #Governance #Data
July 9, 2026 at 2:15 AM
Targeted action on industry, farming, services and #statefinances could convert India’s size advantage into sustained 7 % plus #gdpgrowth, writes Charan Singh. #indianeconomy #financecommission
www.policycircle.org/economy/indi...
India GDP leap: Strong state economies key to India’s race to $14k incomes | Policy Circle
India must harness the growth engines of its best-run states and lift laggards if it hopes to raise per-capita GDP six-fold by its centenary year.
www.policycircle.org
May 27, 2025 at 3:16 AM
DeSantis Signs ‘Big, Beautiful’ Fla. Budget That Keeps State No. 1: Earlier this week, Florida Gov. Ron DeSantis signed the state’s $117.6 billion budget for fiscal year 2026-27 into law, touting it as another example of what he called conservative fiscal management while contrasting Florida’s…
DeSantis Signs ‘Big, Beautiful’ Fla. Budget That Keeps State No. 1: Earlier this week, Florida Gov. Ron DeSantis signed the state’s $117.6 billion budget for fiscal year 2026-27 into law, touting it as another example of what he called conservative fiscal management while contrasting Florida’s finances with higher-spending states such as… #RonDeSantis #FloridaBudget #FiscalConservatism #StateFinances #Budget2026
umlegacypressqsefc.com
July 2, 2026 at 10:35 PM
1/3 India’s debt market is increasingly being shaped by state finances. While the Centre consolidates, state deficits are widening, revenues are slowing, and grants are declining, pushing up bond issuance at a time when global appetite for sovereign debt is already weakening.

#StateFinances
BasisPointInsight.com - State Finance: A Growing Challenge for the Debt Market by Gaura Sen Gupta
Rising state deficits, slowing revenues and falling grants are driving higher bond supply, intensifying competition for funds and complicating policy trade-offs by Gaura Sen Gupta, BasisPointInsight....
basispointinsight.com
April 25, 2026 at 5:19 AM
3/3 Meeting deficit targets is an important milestone. Ensuring that fiscal discipline strengthens, rather than constrains, medium-term growth capacity is the more enduring test.

Read Rajesh Mahapatra’s column for BasisPoint 👇

#FiscalDeficit #StateFinances #PublicFinance #IndiaMacro
BasisPointInsight.com - India’s Deficit Promise Was Kept by Cutting Where It Hurts by Rajesh Mahapatra
The Centre met its deficit promise not through revenue strength, but by cutting transfers and development spend, shifting stress to states. by Rajesh Mahapatra, BasisPointInsight.com
basispointinsight.com
February 1, 2026 at 4:02 PM
2/4 This asymmetry now sits at the heart of India’s fiscal and macroeconomic story, writes former RBI Governor Duvvuri Subbarao.

#Budget2026 #BPIBudget2026 #StateFinances
BasisPointInsight.com - State Finances are India’s New Macroeconomic Frontier by Duvvuri Subbarao
India’s fiscal story can no longer be read through the Union Budget alone. State borrowing and spending now shape growth, interest rates and macroeconomic stability. by Duvvuri Subbarao, BasisPointIns...
basispointinsight.com
January 20, 2026 at 4:55 AM
4/4
In his latest piece, Richard Fargose examines how the rise of transfer-led politics is reshaping state budgets; and what it means for the long-term stability of India’s public finances.

#FiscalHealth #IndiaEconomy #Governance #PublicPolicy #WelfareEconomics #StateFinances #FiscalDiscipline
BasisPointInsight.com - How Cash Handouts Are Rewriting State Politics—and Budgets by Richard Fargose
Popular cash transfer schemes may win elections but strain state budgets, risking long-term fiscal health and weakening sustainable development. by Richard Fargose, BasisPointInsight.com
basispointinsight.com
November 12, 2025 at 10:41 AM
2/2 The real test is whether this “festive reform” delivers growth or only fiscal stress.

Read N Srinivasa Rao’s analysis on BasisPoint Insight: GST Reboot Risks Fiscal Strain More Than it Promises Growth 👇

#GST #IndiaEconomy #FiscalStress #TaxReform #Modi #Consumption #StateFinances
GST Reboot Risks Fiscal Strain More Than it Promises Growth
N. Srinivasa Rao, India’s proposed GST rejig is being billed as a Diwali bonanza. The risk is that it leaves state finances stretched without delivering a real consumption boost.
basispointinsight.com
August 23, 2025 at 7:26 AM
Vermont's General Assembly is poised to make critical funding decisions that could allocate $12.6 million to the Department of Labor, but only if certain conditions are met!

Learn more here

#VT #BudgetAppropriations #StateFinances #FiscalResponsibility #CitizenPortal #VermontGovernment
General Assembly considers $50M emergency fund allocation plan
General Assembly reviews $50 million emergency fund for Department of Labor appropriations.
citizenportal.ai
May 10, 2025 at 5:42 AM
Pennsylvania residents can now keep more of their hard-earned money with a new bill that offers tax credits for income taxes paid to other states!

Click to read more!

#PA #IncomeTax #CitizenPortal #TaxCredit #StateFinances #PennsylvaniaResidents
Pennsylvania lawmakers establish income tax credit for taxes paid to other states
Bill allows Pennsylvania residents to claim credit for income taxes paid to other states
citizenportal.ai
July 10, 2025 at 7:18 AM
States that previously relied on subsumed taxes have seen their revenue as % of GSDP decline post-GST. 📊 While NE states like Mizoram, Nagaland saw improvements, Punjab, Chhattisgarh, Karnataka faced the biggest drops. ⚖️ #StateFinances #EconomicReform
November 7, 2025 at 9:07 AM
⚠️ BUT: 20 states/UTs saw GST revenue contract in Oct. Since GST's 2017 launch, many states report lower revenues vs. pre-GST indirect taxes. 📉 #EconomicAnalysis #StateFinances
November 7, 2025 at 9:07 AM