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Page 3 - State Fiscal Deficits
Covid-19 impact: State govts likely to raise more money using bonds
According to the Reserve Bank of India (RBI) data, state governments' gross market borrowings stood at Rs 6.08 trillion in 2019-20, up from Rs 4.78 trillion in 2018-19.
 "Covid-19 impact: State govts likely to raise more money using bonds")
Updated On : 09 May 2020 | 2:50 AM IST
Bengal to Rajasthan: It's crunch time for states' finances as economy slows
Outstanding debt of states has risen over the last five years to 25% of GDP, posing medium-term challenges to its sustainability.
 "Bengal to Rajasthan: It's crunch time for states' finances as economy slows")
Updated On : 20 Dec 2019 | 7:33 AM IST