An incomplete solution: On Centre borrowing for States

The Centre has changed its decision and said that it will borrow the shortfall in GST cess collection and lend it to states. This will ensure that States do not end up borrowing at different interest rates on one side, and on the other, this would neither increase the fiscal deficit nor the general government debt.

 

Click here to read this article

Bookmark

Be the first to comment

Leave a Reply

Your email address will not be published.


*