In this video, The Lallantop’s Nikhil Wath discussed the ongoing debate over freebies versus fiscal responsibility. Recently, Himachal Pradesh ministers decided to forgo their salaries for the next two months as the Congress-led state government struggles to meet its election promises while dealing with a substantial debt load. With Himachal Pradesh’s total debt of ₹95,000 crore being the highest among hill states, it’s clear that other states are also facing rising debt issues due to election promises and freebies. This financial strain is impacting their ability to fund other development projects. As elections begin in Jammu and Kashmir, political parties have started unveiling their manifestos. In this context, Nikhil addressed:
-How economic indicators reflect a state's financial health.
-The ongoing debate between fiscal prudence and offering freebies.
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Produced By: The Lallantop
Edited By: Asad
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