state indebtedness on account of pandemic

the worsening financial condition of the states,are not only due to pandemic spending,which was absolutely essential,though one might say that it was a bit exaggerated,but on account of the following:
1.all kinds of freebies announced and extended during the elections.the supreme court has now woken up to the issue and issued notices to the ECI(which is now a slave of the centre) as well as the centre on this issue.
the tax payers must form an association in various states,to fight against this kind of freebies offered during election(as suggested by a contributor sometime back).
2.inadequate compensation by the centre relating to state share from gst;the centre conveniently increased the states' borrowing limits to make up for centre's inadequacy which has resulted in states'interest burden and borrowings.
mr raghuram rajan,ex-governor of RBI, insisted that for improvement of country's fiscal position,the states finances should also be disciplined.
only a nation-wide citizen's movement can throw light on the states' profligacy and control. more  

View all 14 comments Below 14 comments
Freebies offered by Political Parties must Stop Totally. This will be from Tax Payers Money and not from the Ill gotten money of Politicians. more  
Freebies are not being declared or granted by the center. On the contrary, these freebies are being offerred by the parties in opposition prior to any election (State Asseblies or Parliament) with the evil design of luring the voters in their favour. Such practices are highly illegal and must be stopped forthwith. more  
It is not central Govt. which is not giving adequate GST compensation but the States are not efficient in collecting revenue by allowing under billing, no billing and other illegal trades like unauthorized mining, illicit Liquor trade etc. more  
States are backed by illfull Businessmen. Must be put to an end . more  
Tax payers should protest against freebies being offered by any government/political party. more  
Every citizen in the state of Jharkhand has now been issued a e-secure card and Rs.1000 to Rs.5000/- is given to each card member because of the elections!!!! more  
Post a Comment

Related Posts

    • deteriorating services of health insurance services.

      This is really a true picture of current scenario. Despite increase in premium amount continuously in ;ast 2-3 years after covid, service standards have drastically gone from bad to worst by these ...

      By Alok Khullar
      /
    • Plight of health Insurance claimants

      I must complement localcircles management and members for being the most effective media in the country to quantify public plight on various issues and bringing it out. The attached sto...

      By Aditi Gupta
      /
    • Average temp going up by 5-8 degrees

      See attached friends. Average summer have gone up in India by 5-8 degrees in last 5 years. Like this we will have 50 degrees in Delhi soon. This is climate change for us.

      By Sudesh Rai
      /
    • Why households are facing squeeze

      The most important parameter for judging any government is the inflation vs. increased incomes. A study was conducted in Maharashtra on the cost of making two thalis in 2019 and 2024. The data used...

      By Reeta Kumar
      /
    • Covishield Astrazeneca has a problem

      AstraZeneca, for the first time, admitted in its court documents that its Covid vaccine can cause rare side effects, paving way for a multi-million pound legal payout, The Telegraph reported on Sun...

      By Ruchika L Maheshwari
      /
    • Elon Musk mocking India

      Musk canceled his visit to India "because of a busy schedule." He arrived in China today but could not find time to fly five hours southwest. Despite having 1/6th of the world's population, India i...

      By Shivani Khiste
      /
    • Need this flight cancellation reform

      LocalCircles has been doing phenomenal work in the area of aviation reforms. In fact its the only hones public voice out there. Even many newspapers dont cover public issues with airlines.

      By Rajesh Suri
      /
    • No confidence in food regulators

      The LocalCircles survey on food safety was nicely carried here in Kolkata by Telegraph and it makes it clear. FSSAI and state food departments are failing the people.

      By Shikha Mantri
      /
    • ICICI mobile app is compromising data

      Several users have reported being able to view other customers' ICICI Bank credit cards on their iMobile app. Since the full card number, expiry date, and CVV are visible on iMobile, and one can ma...

      By Sudesh Rai
      /
    • Govt acts against seat fee extortion by airlines

      Super excellent work LC and great to see this clip I received in one of the groups of LocalCircles work getting recognised on the issue on NDTV. Children under 12 now have to be seated with parents...

      By Sarita Ravichandran
      /
    • Is there an issue with many banks

      The RBI has directed Kotak Mahindra Bank to cease and desist, with immediate effect, from (i) onboarding of new customers through its online and mobile banking channels and (ii) issuing fresh credi...

      By Vijaya Nair
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)