States set to miss FY19 fiscal targets; borrowing to jump to Rs 5.3 trillion: Icra

States set to miss FY19 fiscal targets; borrowing to jump to Rs 5.3 trillion: Icra

Funding of farm loan waivers, poll-related spending and other populist measures are likely to ensure that states are set to miss their fiscal consolidation targets budgeted at the beginning of the year, says a report. “Given the factors such as funding of crop loan waivers, election-related spending and the flood relief will see the states […]

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