FM Sitharaman renews Centre’s outreach to states, continues 50-yr interest free loan

The government also announced in the Budget that “states will be allowed a fiscal deficit of 3.5% of GSDP (Gross State Domestic Product) of ...

The government also announced in the Budget that “states will be allowed a fiscal deficit of 3.5% of GSDP (Gross State Domestic Product) of which 0.5% will be tied to power sector reforms”.

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