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Sankalp
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Comments by "Sankalp" (@sankalp6872) on "How do the poll-bound states' finances look?" video.
Insightful discussion. The FRBM limit should also include debt that the state govts push under the rug through PSUs and outstanding liabilities (leaving many contractors in helpless situations). Also, sustainability is not just in terms of fiscal space. We should also see if It is leading people into a POVERTY TRAP. It is the era of highly competitive politics, and "welfarism" is the new arms race. 30 years ago, it led to the IMPLOSION of the world's most prominent WELFARE country and Superpower. We must be careful.
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