Sun, Sep 16, 2018
Recently, the Reserve Bank estimated that fiscal deficits of all the 29 states may decline to 2.6 per cent of their gross state domestic product (GSDP) citing their FY19 budget estimates, from 3.1 per cent in FY18.
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Tue, Dec 13, 2016
The states may not be able to appreciably compress their revenue expenditure below the projected level.
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