Fiscal Stress, Education, and Health Outcomes in India: Evidence From a Panel Data Analysis of Indian States

Key Points

• The study aims to analyze the relationship between fiscal stress, education, and health outcomes across Indian states.
• Panel data analysis of various Indian states over multiple years.
• Assessment of education and health metrics in relation to fiscal stress levels.
• Statistical evaluation to identify correlations and impacts.
• Significant negative correlation between fiscal stress and education outcomes, with p<0.05 found.
• Health outcomes also deteriorated under increased fiscal stress, indicating a concerning trend.
• Policy recommendations suggest enhancing investment in education and healthcare during financial strain.