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Sunday, July 3, 2022

Centre red-flags 'disturbing trends' in states' finances

Telangana leads with Rs 56,767 crore of off budget borrowings between 2019-20 and 2021-22, which is over 4.5% of its GDP. Sikkim and Andhra Pradesh's off budget borrowings were near 2.5% of their GDP while Uttar Pradesh and Kerala have indulged in off budget borrowings of Rs 24,891 crore and Rs 10,130 crore respectively, data shared at the meet showed.

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