Tag: state government loans

Source: Indian Express Synopsis: Borrowing by states via state development loans has been low in the first quarter of the present financial year. Reasons are discussed. State Development Loans (SDLs) A predominant source for state governments to raise money to finance their fiscal deficit is via SDLs or bonds. RBI facilitates the auctioning of SDLs. SDLs… Continue reading Centre must step up cash flows to the states