he said that the adverse impact of the mounting debt on the states surplus which is already ________.
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It is a mixed bag for the Maharashtra government, struggling to cope with public debt of Rs 3.44 lakh-crore and a revenue deficit of Rs 26,000 crore. There will be a rise in devolution from the Centre but it will have to mobilise finances to support state-specific schemes.
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Answer:
It is a mixed bag for the Maharashtra government, struggling to cope with public debt of Rs 3.44 lakh-crore and a revenue deficit of Rs 26,000 crore. There will be a rise in devolution from the Centre but it will have to mobilise finances to support state-specific schemes.
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