RBI raises red flag on states' fiscal deficit, farm-loan waivers
Reserve Bank of India (RBI) in its annual report has raised red flags on states' fiscal deficit, pay revisions and farm-loan waivers. “Visible fiscal pressures are emerging for several states on the expenditure side, particularly on account of pay revisions, interest payments and other state-specific schemes like farm-loan waivers,’’ the central bank said in its annual report on state finances.
READ MORE:
Other Finance Videos
GST on online gaming spiked revenue 412% in six months, netted Rs 6,909 cr, says FM Sitharaman
FM Nirmala Sitharaman rejects Karnataka govt charge of fiscal bias: 'Every due penny given on time'
FM Sitharaman clarifies why states like West Bengal have not received GST funds for years
Live | RBI Governor Shaktikanta Das' inaugural address at FIBAC 2023
Subrata Roy's Sahara 'scam': Central govt may take over the Rs 25,000 Cr lying unclaimed with SEBI
