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Victory cheers, debt tears - OrissaPOST
Summary by Orissa POST
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Victory cheers, debt tears - OrissaPOST
By Shivaji Sarkar The Bihar election delivered a clear mandate, but the celebrations mask a harder truth: the state is walking into a period of acute fiscal strain powered by an explosion of welfare promises. The politics worked; the economics now begins to bite. The immediate political gains from targeted benefits and cash transfers are undeniable. They create visible impact, reach millions quickly, and generate electoral goodwill. But the econ…
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