Stay updated with breaking news from State Borrowings. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Dr Brajesh Kumar Tiwari - The central government owed 161.1 lakh crore in the September quarter, compared to 150.4 lakh crore in March, , fiscal deficit, State Borrowings, debt to gross domestic product (GDP) ratio, revenue growth
The rating agency noted that overall borrowings of 18 states, which constitute 90% of the countrys gross state domestic product, is likely to increase by 9% to over Rs 87 lakh crore in FY24 compared with Rs 79.5 lakh crore in FY23.
11 states have raised Rs 11,600 crore through selling state government securities (SGS), which trailed by more than 22 per cent from the amount indicated for this week in the Quarter 3 auction calendar at Rs 15,000 crore, , State Borrowings, icra
In the backdrop of the grave financial crisis that state governments are facing currently, Kerala finance minister K.N. Balagopal said his state's net borrowing limits have reduced by Rs 4,000 crore.