Centre suggests state governments to borrow Rs 2.35 lakh crore to meet tax shortfall
NEW DELHI: Union government on Thursday suggested states borrow up to Rs 2.35 lakh crore ($31.8 billion) from the market to meet a tax shortfall, a top finance ministry official said. The federal government could also support the states to raise up to Rs 97,000 crore in loans from the central bank at a lower … Read more