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

    • 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
      /
    • 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
      /
    • Know the common scams prevalent in India

      Please read and share the post link with all your WhatsApp groups friends. Especially senior citizens and teenagers 1) Urgency for Medical or Police Cases Parents receive a ca...

      By Nikita Mehra
      /
    • Unsafe foods in India

      Last week it was reported in media that nestle has been adding sugar in baby formulae which likely led to many of these babies liking sugar and needing sugar as the grew into toddlers and then even...

      By Radhika Maheshwari
      /
    • India’s debt is somewhat worrying

      Due to India's increasing debt, you will pay higher taxes. Our debt:- 2014: 54 lakh crore 2023: 205 lakh crore People are doing politics around this data. But, he...

      By Ajay Dutta
      /
    • HRA cheating is common and tax man will come for you

      Are you paying rent in cash? My friend Rajiv did the same last financial year. (And was shocked) He paid Rs.20,000 as rent every month. Half in cash, half via online transfer....

      By Satvik Singh
      /
    • Excellent work LC

      Your efforts LC Manager on creating awareness about instant loan extortion and malpractices is working RBI finally says all personal loans will, from Oct 2024, need to carry a Key Financ...

      By Shailesh Deshmukh
      /
    • VIP culture locations

      VIP culture is still a major issue in india. The latest move of no free pass for VIPs at tolls is a good move and instead they claim reimbursement makes sense. But what is being done abo...

      By Shikha Chhabra
      /
    • Airline Baggage theft damage and delay

      A month or two back the Hindu newspaper had reported the LocalCircles survey on plight of travellers with airline baggage handling. On google of baggage survey LocalCircles I found the circle repor...

      By Reeta Kumar
      /
    • Our efforts on ultra processed foods yielding results

      Commerce ministry of India has issues advisory to all e-commerce websites to remove all drinks/beverages, including bournvita, from the category of health drinks on their platforms. Attached. ...

      By Sudesh Rai
      /
    • Health Insurance Rule Changes

      Health insurance premiums have been rising as established by LocalCircles survey itself.

      By Sudesh Rai
      /
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.)