States slow-walking into a fiscal trap

Mohan, Deepanshu ORCID: https://orcid.org/0009-0009-9484-3001 and Malhotra, Geetaali (2026) States slow-walking into a fiscal trap. The New Indian Express. Express Publications (Madurai) Limited , India. Available at: https://www.newindianexpress.com/opinion/2026/Aug/...

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Abstract

An old audit report of West Bengal’s finances tabled recently shows ballooning debt despite impressive growth. The phenomenon, made worse by hidden debt in the form of guarantees, is quite common among states. Blaming only subsidies and cash transfers distorts the picture.

Item Type: Article in Newspapers and Magazine
Subjects: Social Sciences and humanities > Economics, Econometrics and Finance > Economics
Social Sciences and humanities > Social Sciences > Political Science
Depositing User: Mr. Syed Anas Ali
Date Deposited: 18 Aug 2026 08:59
Last Modified: 18 Aug 2026 08:59
Official URL: https://www.newindianexpress.com/opinion/2026/Aug/...
URI: https://pure.jgu.edu.in/id/eprint/12252

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