A lender and borrower have a commercial arrangement, sealed by contracts. Contracts do not allow escaping from obligations without the agreement of the other party linked to it
5 min read14 Oct 2020West Bengal FM Amit Mitra says due to interest outgo, development projects worth over `3 trillion could not be taken up in state
1 min read9 Jun 2014The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared