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Why cutting share of states to fund defence is a bad idea

The shift in the fiscal centre of gravity means that things that constrain states’ finances would worsen the slump.

Narendra Modi

Sep 18, 2019, 03.22 AM IST

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NARENDRA MODI

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narendra modi

NARENDRA MODI, PRIME MINISTER, INDIADe facto no.2 in Narendra Modi 1.0Great friend Mr Modi
Narendra Damodardas Modi (Gujarati: [nəreːnd̪rə d̪ɑːmoːd̪ərəd̪ɑːs moːd̪iː] , born 17 September 1950) is the 15th and current Prime Minister of India, in office since 26 May 2014. Modi, a leader of the Bharatiya Janata Party (BJP), was the Chief Minister of Gujarat from 2001 to 2014 and is the Member of Parliament (MP) from Varanasi. He led the BJP in the 2014 general election, which gave the party a majority in the Lok Sabha (the lower house of the Indian parliament) – a first for any party since 1984 – and was credited for 2014 BJP electoral victories in the states of Haryana, Maharashtra, Jharkhand and Jammu and Kashmir. Since taking office as Prime Minister, Modi's administration has focused on reforming and modernising India's infrastructure and government, reducing bureaucracy, encouraging increased foreign direct investment, improving national standards of health and sanitation and improving foreign relations. Modi has been appreciated for starting initiatives like Swachh Bharat Mission, Make in India and Digital India. Earlier, as Chief Minister of Gujarat, Modi's economic policies (credited with encouraging economic growth in Gujarat) have been praised, although his administration has also been criticised for failing to significantly improve the human development in the state and failing to prevent the 2002 Gujarat riots. A Hindu nationalist and a former member of the Rashtriya Swayamsevak Sangh (RSS), Modi remains a controversial figure domestically and internationally, despite his progressivism. Known for his tech savvy image, he is the second most followed politician on social media after U.S. President Barack Obama.
Born: Sept 17, 1950 (age 69), Vadnagar, Bombay State (presently Gujarat), India
Office: 15th Prime Minister of India
Political Party: Bharatiya Janata Party

Source: Wikipedia

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