Rajasthan’s Giant Solar Power Leap

The bad news; Only 25% of the target set for solar power generation has been met in Phase 1 of the Jawaharlal Nehru National Solar Mission, which ends next year, i.e. 2013. India needs to do more if it wants to harness solar power.   The interesting news: one state, Rajasthan, has commissioned and undertaken … Continued

Urbanisation Sounds Great But Who Has The Money To Fund It?

Most planners and economy watchers would argue for greater and faster urbanisation. Many, however, would not be aware of the largely dismal condition of state and urban local body finances which could potentially support the great shift.  Moreover, as IndiaSpend’s Prachi Salve finds out, effectively, only 5 states in India have the financial and administrative … Continued

Punjab & Haryana: How Green Was My State

The Green Revolution seems like a long time ago – actually that shouldn’t be surprising since it was 1963. Many studies have been done on how it spurred an agricultural boom that leapfrogged India to a state of self-sufficiency in foodgrain.   Relatively less has been written on how and whether Punjab and Haryana – … Continued

India’s Top Green Spend States; Chhattisgarh & Madhya Pradesh

Not that it might be a burning concern at this point but do you know which Indian states could lead the spending sweepstakes in tackling climate change and diminishing forest cover?   IndiaSpend’s Danielle Collaco filed a Right To Information (RTI) with the Ministry of Environment & Forests to find that Chattisgarh, Madhya Pradesh & … Continued

Can Haryana Break Away From The Bengal, Kerala Club?

The state of Haryana has been clubbed with Bengal, Kerala and Punjab for the state of its finances, particularly for its large revenue deficit or a ‘negative’ gap between tax and non-tax collections and its expenditure. But Haryana is getting a better grip on its finances, finds IndiaSpend’s Dhritiman Gupta.   The good news is … Continued

Meet India’s Chronic Over Spenders

It’s not exactly breaking news but a closer look at how various Indian states are managing their budgets is insightful.   IndiaSpend’s Dhritiman Gupta finds that many Indian states spend more than what they earn, hence consistently running deficits on the revenue account, which then have to be financed by loans.   The states can … Continued

India’s 10 Most Indebted States

Debt is not bad. Many firms raise large chunks of it in their growth and expansion phases. Some ease out of it with time. Others struggle. But while the stakeholders – banks, financial markets and shareholders – can technically put pressure on a firm to course-correct, it’s not the same or as simple with the … Continued