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Dear reader,
Ever wonder how your state's handling its money? In today's story, our friend Banu has a chat with us about the current state budgets across India.
Let's start with Punjab, Himachal Pradesh, and West Bengal. They've got some big debts - kind of like owing a lot on your credit card. We're not just throwing out scary numbers — we'll also explain how this impacts essentials like schools and hospitals.
Now, let's consider the entire country's debt. India owes about 56% of its annual income. It may sound complex, but our piece breaks it down in a super easy way. We even compare it with other major countries, giving you the full picture.
But hey, it's not all tough news.
We also discuss how some smart moves today can pave the way for a better future: https://swarajyamag.com/economy/revdism-has-replaced-rowdyism-as-the-new-menace-in-indian-politics-part-ii-the-economics
Raghu