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Andhra's borrowings in first half of fiscal year far exceed revenues
Revenue deficit touched a staggering Rs 45,472.77 crore, according to the state finance accounts released by the Comptroller and Auditor General.
Post stimulus, fiscal deficit of Centre, states to be at 12% of GDP: Report
In the case of states, the fiscal gap will rise by 200 bps after the Centre hiked the borrowing limit of states to 5 per cent of GSDP on Sunday
States' FY16 fiscal deficit at Rs 4.9 lakh cr; UP, Rajasthan fare worst
Latest RBI data compares FY16 deficit to FY91 as well as projections in FY17
States' fiscal deficits touch 3.6% at 12-year high on higher capex
Excluding Uday bonds, it would have been 2.7% of GDP
States' market borrowings set to soar 22% to Rs 4.5 lakh cr in FY-18
7th pay commission, higher fiscal deficits and demonetisation likely reason