New governments of Kerala and Tamil Nadu have put state finances back in spotlight by tabling whitepapers on their fiscal health, or lack thereof. With states losing some fiscal autonomy to GST while their welfare spending rise, their ability to mobilise own revenue is now more important than ever. We analysed how major states fare in revenue mobilisation using data from the CAG.
https://www.hindustantimes.com/editors-pick/how-good-are-major-states-in-raising-taxes-number-theory-101782094803956.html

#India #MastIndia #Economics #Tax #Deficit #Kerala #TamilNadu #FiscalDeficit #CAG #Stats

Kerala will go to the polling booths tomorrow. The campaign has seen competing promises on welfare and jobs. But for a state that takes pride in its economic model, those promises also raise difficult questions about strained public finances. Today’s HT Number Theory explains.

https://www.hindustantimes.com/editors-pick/the-building-fiscal-stress-in-the-kerala-model-number-theory-101775617001541.html

#Kerala #KeralaElections #Politics #Economy #FiscalDeficit #RevenueDeficit #Debt #India #MastIndia

Government borrowing pattern reverses in first half of FY26

https://fed.brid.gy/r/https://dailytimes.com.pk/1424451/government-borrowing-pattern-reverses-in-first-half-of-fy26/

The US debt has reached levels it was previously not expected to reach till the next decade. This raises questions such as who owns this debt? When will it mature? And how does US compare against other advanced economies? Today's Number Theory explores all this in detail.

Read on HT app: https://www.hindustantimes.com/editors-pick/four-charts-which-explain-us-s-national-debt-number-theory-101757625072699.html

#USDebt #Debt #PublicDebt #Economy #FiscalDeficit #DataViz #US

🚨 Grand Promises vs. Fiscal Reality 🚨

While the state limps under an acute fiscal deficit, a press release announces 1 lakh women entrepreneurs turning into lakhpathis.

Where’s the funding coming from? Real policy or just political theatrics?

#PoliticalDrama #FiscalDeficit

Days after Moody’s downgraded the US credit rating, the IMF has flagged America’s rising debt burden. Such critiques are common for non-advanced economies, but IMF's latest warning on US is out of the ordinary. Just how dire is the US fiscal outlook? Today's Number Theory breaks it down.

Read on HT app: https://www.hindustantimes.com/editors-pick/is-the-united-states-in-a-fiscal-talespin-number-theory-101747882802542.html

#US #USFiscalOutlook #Debt #FiscalDeficit #IMF #DataViz #Economy #Trump #TaxCuts