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Indian states need more financial support from the government: S&P


Indian states’ weaknesses outweigh their strengths as they battle the Coronavirus (Covid-19) pandemic and they need financial support from the federal government, which is already dealing with drastically reduced revenue, according to S&P Global Ratings.
The Covid-19 pandemic could increase budget deficits and indebtedness of state governments as spending needs to exceed revenue collected, S&P Global analysts YeeFarn Phua and Ruchika Malhotra said in a report. The federal government and the Reserve Bank of India will remain key pillars for states’ fiscal framework and performance, they said.
Strengths
India’s well-established federation, with state governments having a strong voice in intergovernmental affairs ....

Ruchika Malhotra , Narendra Modi , Yeefarn Phua , Reserve Bank , Minister Narendra Modi , Financial Support , Tates Fiscal Budget , Indian Economy , Economic Recovery , Financial Assistance , ருச்சிகா மல்ஹோத்ரா , நரேந்திர மோடி , இருப்பு வங்கி , அமைச்சர் நரேந்திர மோடி , நிதி ஆதரவு ,

BI tetapkan Pasar Baruga Kendari menjadi pasar digital pertama di Sultra


id
BI, tetapkan, Pasar, Baruga, Kendari, jadi, pasar, digital, pertama, Sultra
Sabtu, 26 Juni 2021 16:49 WIB
Asisten I Setda Kendari Agus Salim (kiri) saat melakukan scan pebayaran menggunakan QRIS di Pasar Baruga, Kota Kendari, Sulawesi Tenggara yang telah ditetapkan bersama BI Sultra sebagai pasar digital pertama di provinsi itu, Sabtu (26/6/2021). (ANTARA/Harianto)
Kendari (ANTARA) - Kantor Perwakilan Bank Indonesia (KPwBI) Sulawesi Tenggara (Sultra) bersama Pemerintah Kota Kendari menetapkan Pasar Baruga di kota itu sebagai pasar tradisional pertama yang menerapkan sistem transaksi pembayaran digital atau non-tunai baik pembayaran retribusi kios maupun transaksi jual beli.
Kepala KPwBI Sultra Bimo Epyanto di Kendari, Sabtu, mengatakan digitalisasi sangat penting diterapkan di era sekarang yang serba teknologi, apalagi saat ini masih dalam situasi pandemi COVID-19 di mana setiap aktivitas masyarakat dibatasi. ....

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De Leon: Are we ready to be okay?

De Leon: Are we ready to be okay? ....

Wendy Davis, former Biden staffers sue over 'Trump Train' incident on I-35


Wendy Davis, former Biden staffers sue over Trump Train incident on I-35
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The FBI has been investigating the alleged harassment of a Biden campaign bus that was surrounded by a caravan of cars and trucks displaying Trump 2020 flags in November 2020 near Pflugerville, Texas./Dr. Eric Cervini /Twitter
Former Biden campaign staffers whose bus was swarmed last fall on a major Texas highway by supporters of then-President Donald Trump have filed suit in federal court against those involved in the incident.
The plaintiffs include former state Sen. Wendy Davis, a Democrat, and others who were traveling on a Biden campaign bus from San Antonio to Austin just days before the 2020 presidential election. While the bus traveled on Interstate 35 on Oct. 30, dozens of cars and trucks bearing Trump flags surrounded the vehicle, slowing down traffic. No one was injured, but at least one Trump backer’s car made contact with that of a Biden campaign worker. ....

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