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Statsguru: From Bihar to West Bengal, a peep into state Budgets

To keep their expenditure at the desired levels at a time of significant revenue losses, all states have expanded their fiscal deficits - similar to what the Centre did last month

Budget, india, states, national, revenue, economy
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Cuts in capex have been stronger than those in current spending, or revenue expenditure

Abhishek Waghmare Pune
Most states have presented their own Budgets for the next fiscal year. States that are going to the polls saw the presentation of a vote-on-account, a temporary provision that enables government spending till a new government is formed. 

An analysis of select state Budgets —with the help of a report by the State Bank of India — shows that they have more than one thing in common. To keep their expenditure at the desired levels at a time of significant revenue losses, all states have expanded their fiscal deficits — similar to what the Centre did last month. Chart 1

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