19 states’ Q1 fiscal balance weaker than pre-Covid levels: ICRA

Citing data from the Comptroller and Auditor General (CAG), the combined revenue receipts were only 2% higher than the pre-Covid level of Rs 4.3 lakh crore but revenue spending increased by a sharper 14% to Rs 4.9 lakh crore from Rs 4.3 lakh crore pre-Covid.

from Economy-News-Economic Times https://ift.tt/3BxdERe
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