States’ fiscal deficit jumped by 78% after lockdown: RBI2 min read . Updated: 21 Nov 2022, 01:19 AM IST
- Revenue collection showed a mixed trend, with receipts staying steady in many cases
NEW DELHI : State governments’ fiscal deficit widened in absolute terms by a massive 78% to ₹9.3 trillion in FY21, new figures showed, the effect of the harsh pandemic-induced lockdown that still marks out aspects of Centre-state financial relations.
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