States’ market borrowings jump 55% to Rs 3.75 lakh crore so far this fiscal
The states’ market borrowings have jumped 55 per cent to Rs 3.75 lakh crore so far this fiscal, or 75 per cent of the budgeted amount, with 17 of them raising an additional Rs 22,350 crore from the latest auction of state development loans held on Tuesday. Rising expenses and falling revenue, including the Centre’s … Read more