budda vijay kumar
484 posts
@bvkumar101
Stock market enthusiast | MBA from IIM Kozhikode | Social thinker | Views apolitical |
India’s fertility rate has fallen below replacement for the first time in the country’s history, declining from a TFR of 2.3 to 1.9 in just a decade. Delhi’s fertility rate now sits at 1.2, lower than Finland’s. Follow: @AFpost
States own revenue as % of total income Telangana : 77% Karnataka : 76.8% Tamil Nadu : 75.3% Kerala : 72.6% Uttar Pradesh : 48.2% Madhya Pradesh : 44.8% Chattisgarh : 53.8% Bihar : 25.9% How is this sustainable? One can understand very small states or states that have been created recently to have low %. But why are UP, MP, Bihar with such large populations and geographical area lagging so much behind? Every large state should hit 75% and small states should be encouraged to be above 50% for federalism to be equitable. Some states can’t be generating income and taxes to feed doles for laggard states. Economically laggard states gaining more political power suits Modi and BJP. No wonder they want UP and Bihar to have more and more MPs. A new formula for economic and power sharing has to be evolved which encourages states delivering governance. Else India will go from bad to worse. And the time for it is now.
