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Impact of Freebies on India’S Fiscal Health

Syllabus: GS-2: Government Policies & Interventions Focus: The growing trend of populist welfare schemes across Indian states is raising concerns about fiscal sustainability. As parties compete to offer financial handouts, it strains state budgets, undermines long-term economic growth, and hampers the development of essential infrastructure and services, prompting calls for policy reforms. Introduction: The Growing …