Income support, UDAY driving fiscal slippages: RBI
The Reserve Bank has warned of the rising risks to fiscal consolidation of the states as their finances are burdened with (a)farm loan waivers (b)income support schemes and (c)UDAY bonds …
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Discom debt to return to pre-UDAY levels
According to the credit ratings agency Crisil,the debt of state-owned electricity distribution companies(discoms) is set to increase to pre-Ujwal Discom Assurance Yojana(UDAY) levels of ₹2.6 lakh crore by the end …
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