The HinduIndia
Why state budgets are a fiscal tightrope
State governments must balance spending on health, education, agriculture and irrigation with the money they collect. Kerala’s long investment in social services has helped drive progress, but states often cover the gap between receipts and expenditure by borrowing.
This card is an AI-assisted summary of reporting published by The Hindu. Read the original report before relying on it for medical, legal, financial, safety, or emergency decisions.