Return to OPS by few states would exert huge burden on their finances: RBI
States’ total outstanding liabilities are budgeted to fall to 27.6 per cent of GDP for 2023-24 from the peak of 31 per cent in 2020-21. However, outstanding liabilities may remain higher than 30 per cent of gross state domestic product (GSDP) for many states.
Andhra Pradesh Bharatiya Janata Party Elara Securities India Old Pension Scheme Eturn Of Ops Capital Expenditure
Source: indianexpress.com