Data reveals that states with a lower variance between their estimates and their actual expenditure do better in terms of governance outcomes. Spending less isn't the solution.
Himachal's treasury has notched up overdraft of Rs 1,000 cr in 1st quarter, it is learnt. Congress's poll promises are expected to burden the state's coffers further.
Sitharaman, who is only the second woman defence minister in India's history, is expected to work closely with the Finance Minister to take key industry-related decisions