Easing FRBM limit by 50bps not adequate, say Kerala, Punjab, criticising Centre’s borrowing options
New Delhi: Kerala is set to reject both borrowing options put on the table by the Centre to meet the GST compensation shortfall for FY21, even as other states questioned the tinkering of loan limits prescribed in the Fiscal Responsibility and Budget Management (FRBM) Act. Bihar, on the other hand, may go for the borrowing … Read more