Fiscal Deficit Below 3% In 10 States, 13 See Revenue Surplus In 2024-25
A recent CAG report reveals that only 10 out of 28 Indian states met the 3% fiscal deficit benchmark in 2024-25, while 13 states achieved a revenue surplus. The data highlights significant disparities in how states manage their finances and reliance on borrowing.
Why it matters
Fiscal health of individual states is a key indicator of India's broader economic stability and capacity for infrastructure and social spending.
How much a state earns and spends affects everything from roads and schools to healthcare and welfare schemes. When expenditure rises faster than income, governments often rely on borrowing to bridge the gap.
The article presents government financial data objectively without favoring specific political parties or ideologies.
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