Page 2 - Gsdp

Which metric is more significant in UP: Total debt or debt-to-GSDP ratio?

From 2005 to 2014, the absolute value of UP's debt was increasing at an average rate of Rs 14,441 crore

A contrasting tale of two states under two former chief ministers

While Punjab's economy struggled to revive under Captain Amrinder, Rupani delivered better than national average on many counts; Social indicators are a mixed bag in both states

Borrowing by state govts 11% lower than last year: CARE Ratings

25 states, 1 UT have raised Rs 2.92 trn, against Rs 3.27 trn by 27 states, 2 UTs last fiscal

Tamil Nadu budget: Fiscal deficit seen at 4.3% of GSDP; tax on petrol cut

State allocates Rs 32,560 cr for education; lines up medium term fiscal plan to tide over rising debt

TN finance minister vows reforms as debt hits Rs 5.7 trn this fiscal

This is an over 4-fold rise from Rs 1.32 trillion in 2013-14, and nearly 10-fold over Rs 60,170 cr in 2006-07

Assam's economic development picks up pace. Can state finances keep up?

The share of agriculture in Assam's GSDP has declined between FY15 and FY19, but due to its weak finances, the state govt has not been able to fully provide for the needs of the emerging sectors

A state in transition: Uttar Pradesh's economy scoreboard under Adityanath

In 2020-21, UP emerged the largest economy after Maharashtra, up from fifth position during 2019-20 and ahead of Tamil Nadu, Gujarat, and Karnataka

GSDP estimated to contract 5.6% in Delhi due to Covid impact: Lt Governor

The Delhi economy is estimated to suffer a contraction of 5.6 per cent in the gross state domestic product in the current financial year due to the impact of the pandemic, Lt Governor Anil Baijal said

Poll-bound states spend heavily this year amid ambitious Budget projections

But their Budget numbers are inclined to be overstated due to substantial revisions in revenues and grants shared by the Centre

12 major states may have to cut capex by Rs 2.5-2.7 trillion in FY21: Icra

Icra projected the aggregate debt of these 12 states to deteriorate sharply to 28.9% of GSDP

States will need years to recover from 'scissor effect' of Covid: RBI

Phenomenon refers to loss of revenues due to demand slowdown, coupled with higher expenditure associated with pandemic, may push the states to great strife

Why Bihar's economic growth is picking up despite absence of big industries

Even as national GDP growth declined to 6.1% in 2018-19 and to 4.2% the next year, Bihar's GSDP growth rose to 9.3% and 10.5%, respectively

Credit for reform: Centre allows 5 states to borrow Rs 9,913 cr extra

Permission granted on meeting of one-nation-one-ration card reform

State govts' FY21 deficit seen ranging from 4.25 to 5.52% of GSDP: Icra

State governments' deficit is seen in the range from 4.25 per cent up to 5.52 per cent of the gross state domestic product (GSDP) in the current fiscal, Icra estimates showed

States' fiscal deficit likely to hit 4.2-5.5% of GSDP this fiscal year

This may take the general deficit of the country-- both the Centre's and states'-- to 11-14 per cent of GDP in FY21

Covid-19 impact: Govt writes to states on additional 2% borrowing of GSDP

Further, public and private sector banks have together sanctioned loans worth over Rs 1.20 trillion, while the disbursal amount stood at Rs 61,987 crore

GST compensation period: States likely to push for five-year extension

Set to seek higher borrowing limits as revenues dry up

Goa likely to see steepest contraction in economy in 2020-21, shows data

India Ratings and Research expects the gross state domestic product (GSDP) of all states in India to contract in FY21

Top headlines: Attack on Pak Stock Exchange, states GSDP contraction & more

Business Standard brings you the top headlines of the day

UP to bring ordinance to raise borrowing limit to 5% of state GDP

The state gets additional elbow of Rs 35,000 crore amid lockdown