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Most states recording higher deficits have done well in ensuring better access to social, economic and public goods while others like Gujarat, have cut down on essential welfare spending.
Higher inflation was always associated with developing economies with less sophisticated financial institutions. Not any more, as the average inflation rate in the US and Europe is much higher than that of emerging markets like India.
The EC has failed on many fronts, especially in curbing spending by candidates and it should concentrate on that.