 "Narendra Modi, Vadnagar")
The much-talked-about idea of changing the financial year cycle has been quietly dropped by the Centre, even as individual states that have waited long for a clear signal from Delhi on the issue have decided to continue with the existing system.
Madhya Pradesh, which was the first state to announce in May — in response to Prime Minister Narendra Modi’s call — that it would switch to the January-December cycle from next financial year, has dropped the plan for now.
“Our financial year would continue from April 1 to March 31, and for the moment there is no plan to change to
