Indian States Are Going Under. What Does This Mean For Us?
M. Govinda Rao and Arjun Srinivas each examine the precarious financial situation of Indian states and the implications of this. Here are key takeaways from two pieces, by M. Govinda Rao and Arjun Srinivas, that tell you what Indian states are going through financially and what this means for us as a country and people. - The Covid 19 Pandemic and resulting lockdown in April led to a large and sudden shortage of revenue inflow for State Governments. Economic slowdown prior to