Mains Examination:  General Studies II: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. What’s the ongoing story: Across four very different states — Assam, Kerala, Tamil Nadu , and West Bengal — voters gave resounding mandates in the  2026 Assembly elections . • Why anti-incumbency is the most frequently cited reason for why ruling parties face poor odds of getting re-elected in India? • Know the key macroeconomic data of these states. • Assam, Kerala, Tamil Nadu, and West Bengal—How is the fiscal health of these states? • What is gross state domestic product (GSDP)? • Know about the gross state domestic product (GSDP) of Assam, Kerala, Tamil Nadu, and West Bengal • What is per capita Gross State Domestic Product (GSDP)? • High GSDP with low per capita GSDP indicates what? • What is demographic transition? • ‘India is undergoing a demographic transition’-Comment • The Labour Force Participation Rate (LFPR) essentially tells what?…