#additional limits

[amitbchoudhury]

State borrowings unlikely to cover revenue losses

State borrowings unlikely to cover revenue losses

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KOLKATA: State governments can now borrow more but that won’t be enough to cover their revenue losses because most of the additional limit are contingent on meeting reforms mandated by the Centre.

The collective revenue losses of states are estimated at Rs 6.4 lakh crore, of which only 50% can be compensated through borrowings, leaving a Rs 3.2 lakh crore gap, according to State Bank of…

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[nilnews4]

State borrowings unlikely to cover revenue losses

State borrowings unlikely to cover revenue losses

KOLKATA: State governments can now borrow more but that won’t be enough to cover their revenue losses because most of the additional limit are contingent on meeting reforms mandated by the Centre.

The collective revenue losses of states are estimated at Rs 6.4 lakh crore, of which only 50% can be compensated through borrowings, leaving a Rs 3.2 lakh crore gap, according to State Bank of India’s…

View On WordPress

[investosena2621]

State borrowings unlikely to cover revenue losses

State borrowings unlikely to cover revenue losses

[ad_1]

KOLKATA: State governments can now borrow more but that won’t be enough to cover their revenue losses because most of the additional limit are contingent on meeting reforms mandated by the Centre.

The collective revenue losses of states are estimated at Rs 6.4 lakh crore, of which only 50% can be compensated through borrowings, leaving a Rs 3.2 lakh crore gap, according to State Bank of…

View On WordPress