The Supreme Court, led by CJI Surya Kant, criticized states for fiscally unsustainable freebies, raising concerns over revenue deficits and rising debt-to-GSDP ratios. Distinguishing welfare from non-merit goods, it warned of Capex erosion. Citing S. Subramaniam Balaji, reforms include targeted subsidies and stronger Election Commission oversight.
Click to View MoreThe Union Government plans to roll out PM-KUSUM 2.0, shifting from pump replacement to feeder-level solarisation. By promoting Agro-PV and using the Agri Infrastructure Fund, it tackles land and credit constraints, enables farmers as energy producers, and ensures reliable daytime power, transforming rural energy security.
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