Eco survey raises concern of States fiscal situation, revenue surplus states decline from 19 in FY19 to 11 in FY25

New Delhi [India], January 29 (ANI): The number of Indian states reporting a revenue surplus has declined sharply over the years, falling from 19 in FY19 to just 11 in FY25 (Provisional Accounts), highlighting rising fiscal stress at the state level, according to the Economic Survey.

The Survey noted that between FY19 and FY25PA, as many as 18 states witnessed a deterioration in their revenue balances. Of these,