Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag India's state governments to face 6.3% decrease in central grants-in-aid in FY25, causing financial strain.

flag India's state governments are projected to face increased financial strain in FY25, with a 6.3% decrease in central grants-in-aid, contrasting sharply with a 13.9% growth in FY24. flag States like Meghalaya and Assam, reliant on these funds, are particularly affected. flag Additionally, the growth in tax devolution from the Centre is expected to slow to 11%. flag Overall, combined central transfers will rise modestly by 4.5%, necessitating stricter financial management for the states.

3 Articles

Further Reading