Category Public Finances and Macroeconomics

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National Monetisation Pipeline 2.0 (2025–30) Advancing India’s Asset Monetisation Framework Beyond 2021

The idea of asset recycling was created globally to help solve the traditional issue for governments known as "the sovereign dilemma" or how to provide new and better public services while keeping their public debt from increasing. The first state (in this case, Australia's New South Wales) to implement asset recycling in its post-recession economic recovery in the 2010s demonstrated that with a few key steps a government can create the cash flow needed to develop new public assets. The concept is simple: build a public asset, de-risk that public asset until it produces steady cash flowing into your budget, then lease those cash-flowing rights to private investors. Thereby immediately creating an influx of funds to start developing the next generation of public assets.

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Punjab Department Wise Schemes Update 2026

Punjab is one of India’s major agricultural states and has historically played an important role in national food security. Its economy is supported by agriculture and allied activities, industry, services, infrastructure and a large network of urban and rural settlements. At the same time, the state faces challenges related to agricultural diversification, groundwater and irrigation management, employment generation, infrastructure development, energy subsidies and environmental sustainability.

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GST Rate Rationalization Framework: Evaluating Input Tax Credit Fraud and Structural Revenue Efficiency

The rollout of the Goods and Services Tax (GST) in July 2017 marked the most extensive structural overhaul of India's fiscal federalism, subsuming 17 distinct central and state levies along with 13 cesses into a single indirect taxation architecture. Designed to eliminate the cascading tax-on-tax effect, establish a unified national market, and accelerate economic formalization, the original GST regime was constructed around a four-tier rate structure comprising 5%, 12%, 18%, and 28% tax slabs, supplemented by special reduced rates for precious metals and an additional Compensation Cess on select luxury and sin goods. While this multi-tiered framework was politically essential at inception to achieve revenue neutrality and protect low-income consumption, over time it introduced operational frictions, tax classification disputes, and severe structural distortions.   

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Madhya Pradesh’s Mukhyamantri Ladli Behna Yojana (2023)

BACKGROUND

Women’s economic insecurity is shaped not only by low household income but also by unpaid care work, limited control over resources and unequal access to employment. State governments have increasingly responded through direct cash-transfer programmes that place money in women’s bank accounts. Madhya Pradesh’s Mukhyamantri Ladli Behna Yojana is one of the most significant examples of this shift.

Aditya

Fiscal Health Index 2026: Are Indian States Building Sustainable Public Finances?

India's fiscal stability is closely linked to the financial health of its states, which account for a significant share of public expenditure and revenue. Differences in revenue mobilisation, expenditure quality, fiscal deficits and debt levels can create substantial variation in the fiscal resilience of individual states. NITI Aayog introduced the Fiscal Health Index (FHI) as a systematic framework to assess and benchmark the fiscal performance of states. States can track their performance across the five pillars: Quality of Expenditure, Revenue Mobilisation, Fiscal Prudence, Debt Index and Debt Sustainability: year-on-year and identify areas where deterioration is taking place (NITI Aayog, 2026a). 

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Madhya Pradesh Department wise Schemes Update 2026

Madhya Pradesh, located in central India, has Bhopal as its capital and is the second-largest state in India by area and the fifth-largest by population, with more than 72 million residents. The state has a diversified economy driven by agriculture, mining, manufacturing, tourism and services. It is one of India’s leading agricultural producers, particularly in pulses, oilseeds and soybean, and has significant mineral resources, including large reserves of diamonds and copper. Madhya Pradesh has a projected GSDP of ₹18.48 lakh crore for 2026–27, representing a nominal growth rate of 11% over the revised 2025-26 estimate(PRS Legislative Research). 

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