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All these happened in TN… Launch of ins vikrant, India’s first indigenous aircraft carrier Land acquisition policy is ahead of national policy... Monsoon fury Pioneering education model Flurry of collaborations inked by AP An industrious idea Tasks for the new government Infrastructure to the FORE State under siege Leaky old lorries, mini cabs for techies... Doubling production and tripling farmers’ income... Info-Park, more space More government apps Enchanting and enterprising Tamil Nadu State Forward Come to Tamil Nadu where the action is... Development depends on land availability... Power for all Infra boost to the new capital CII to set up tourism bureaus When business flocks to MP... Bringing magic of Rajasthan alive States Roundup Competing for good: Tale of two states Hype on Hyperloop It indeed is attractive for investments Vedanta to close Lanjigarh refinery Kochi Metro Rail Project A year of Telangana States - Kerala Stirring the political cauldron KCR’s I-day bonanza It’s Karnataka chalo for Amit Shah? Bhubaneswar IIT cries for completion Municipal Elections Bifurcation yet to end water wars Why the Congress won in Karnataka KTR releases Annual Report TN can leverage NLC’s strengths... TN to suffer serious loss Oh, la la. Enticing pest traps Miners asked to pay more Reducing carbon footprint... City of foaming lakes and fire Of development and welfare Illegal mining of sand Land scams rock AP & TS Divide & Prosper With agriculture at its heart... Global meets galore Mango Diplomacy ‘E’ for enterprise Global Investors Meet Post Poned Bus services hit MCL has a taste of judicial activism! Industrial corridors to boost economy Technology has raised the bar... States - Odisha Fanciful Rao and tech-savvy Naidu Promise of a productive year MOUs worth Rs.10.54 lakh crore signed A blueprint for the future State of the States Deputy Collector Sindhu! Strike over salary hike ODISHA A giant push for millets Benevolent businessthan... SIPB clears big proposals A neta at it again! Winds of change... Time to wake up Thalaivaa TN to suffer serious loss AP in better shape Lingayats get a reminder: it’s poll time Inter-State boundary Green crimes galore Wouldn’t the Mahatma like clean restrooms in our cities! KNPP with the grid Homestays, a budding tourism industry Waste disposal model Nod to cow slaughter bill
 
Of development and welfare

The number of southern states has increased to five after the bifurcation of Andhra Pradesh into two separate states. The budgetary trends of these states continue to run on similar lines as in previous years by way of balancing their development programmes with welfare programmes in order to continue in power through populist schemes.

Due to this phenomenon, development initiatives take back seat. The revenue and fiscal indicators also show that majority of the states are living beyond their means.

Table 1 shows that except Telangana and Karnataka which have revenue surplus, the other three states Tamil Nadu, Andhra Pradesh and Kerala, are expected to have revenue deficit, for the financial year 2015-16 as in the previous year. Revenue deficit for Kerala is expected to decline whereas it is expected to go up for Tamil Nadu and Andhra Pradesh.

Regarding fiscal deficit it is expected to fall in Andhra Pradesh and Telangana and significantly increase in Tamil Nadu and Kerala, marginally in Karnataka in 2015-16 compared to 2014-15.            

Table 2 reflects the revenue mobilisation efforts and expenditure programmes of the respective government. Overall, total revenue receipts are greater than total revenue expenditure in Telangana and Karnataka whereas revenue expenditure is greater than revenue receipts in Tamil Nadu, Andhra Pradesh and Kerala both in 2014-15 (R.E) and for 2015-16 (B.E.). There is some marginal increase in the capital receipts of Telangana, Karnataka and Kerala while it is expected to decline in Andhra Pradesh in the ensuing financial year 2015-16 compared to the previous year. Correspondingly, capital expenditure also shows substantial increase in all the states except Andhra Pradesh. In Karnataka capital receipts are much less than capital expenditure for 2014-15 and 2015-16.

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