Off-budget borrowing: is it behind us now?
Dec 01, 2023•7 min•Ep. 269
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Episode description
Off-budget borrowings by states rose sharply in 2020-21 and 2021-22. Worried (they widen the fiscal deficit), the Centre cracked down on the habit in March 2022 and they have decreased. Mint looks at off-budget borrowings and their implications.
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