Fiscal fetishism and the warped narratives on state finances
The demonization of states is driven by a desire to hide the danger lurking in the central government’s finances.
August 09, 2022•14 min
0
August 09, 2022•14 min
0
More in Chaos
Chaos
When it comes to lobbying in the US, Indian-Americans are not Jewish Americans
India tried to build an Israel-style lobby in Washington, DC. But money, race and ideology have kept Indian-Americans from becoming a political force.
You may also like
Business
Karnataka Bank urgently needs a permanent CEO
For the past three months, the Mangaluru-based private sector lender hasn’t had a full-time chief executive. But finding a successor is as important as fixing the bank’s worrying financials.
Business
India’s next big reform battle: Who gets to sell you power?
The Centre has proposed to open up the retail electricity market, hoping competition will fix India’s loss-making discoms. The states fear a power grab. The outcome will shape the next phase of India’s energy transition.
Chaos
When it comes to lobbying in the US, Indian-Americans are not Jewish Americans
India tried to build an Israel-style lobby in Washington, DC. But money, race and ideology have kept Indian-Americans from becoming a political force.