What Budgets Of Top 10 States Tell Us About Their Financial Position

The fiscal deficit of India's top 10 states, ranked by GDP, may see a marginal decline amid an ambitious capex target, a study of their budgets showed. The fiscal deficit of the top 10 states is budgeted to modestly ease to 3.2% of the GDP in FY24 after coming in at 3.3% of the GDP as per revised estimates, according to data collated by BQ Prime.The states, ranked on the basis of their contribution to the national gross domestic...