States are going bankrupt

Worrying condition of debt in few states:

- Uttar Pradesh 6.1 Lakh Crores
- Madhya Pradesh 3.37 Lakh Crores
- Gujarat 3.1 Lakh Crores
- Haryana 2.29 Lakh Crores
- Uttarakhand 72 Thousand Crores
- Himachal Pradesh 63 Thousand Crores

These states might be next Sri Lanka!

Can the educated connected and knowledgeable members of localcircles take it upon themselves as a cause and get to discuss and escalate this issue.

Many of the CMs are busy in inaugurations and image building with no regards to state finances. Media does not want to write about this issue because its largely controlled by the states through ads more  

View all 38 comments Below 38 comments
Politicians have no right to give Freebies. This is Tax payers Money and it can not be LOOTAO by Politicians for their sticking in Power. more  
Perhaps an ambitious vision to reach 3tn GDP at the cost of common public. Now Govt. is truly busy to quote figure only not the right impact on people. This is really painful. more  
Almost every indian state is debt ridden. Main possible reasons, due to covid and freebies given to buy votes and form government. More imports and less exports, slackness in business revenue, tax evasion, excess goverment expenditures for the ministers and government officials, salaries and perks of govt staff. Need to cut down on spents according to revenue. more  
True, in 70 years all states have gone overboard in freebies and this is the result Lets not omit worst states-- Maharashtra, Tamilnadu, Kerala, Andhra, Rajasthan, Punjab etc, which has much bigger problems First thing is to stop all freebies by states, for vote bank and creat some discipline soon, as most states are going SriLanka way......... Jago Bharat Jago more  
The real problem states are going to be Punjab, Rajasthan, Telengana, Tamil Nadu, Andhra Pradesh, West Bengal, Delhi where splurging has been made into an art for buying votes. UP is the most populated state so per capita debt is not very high vis a vis Punjab. more  
Many states are doing this. Instead of looking for long term vision of how to build the nation strong, the money is just spend on policy to win votes. Like increase the pension for jobless. Rather if they would have spend this money for afforestation, give certain amount of seeds cost free to farmers, subsidies to farmers who sell their produce to govt markets, more govt procurement centers for farmer produce that would have been good. more  
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