Tag: FISCAL SLIPPAGES

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 for their power distribution companies. These remarks were made during a meeting between the members of the 15th Finance Commission and the RBI members. Further,other… Continue reading Income support, UDAY driving fiscal slippages: RBI