State govt budgets show better fiscal health: RBIBS Reporter
5. RBI released the report titled “State Finances: A Study of Budgets of 2022-23”. According to the report, States’ gross fiscal deficit (GFD) is budgeted to decrease from 4.1% of GDP in 2020-21 to 3.4% in 2022-23. The report says states’ debt is budgeted to ease to 29.5% of...
5. The weighted average cut-off yield of State Government Security issuances increased to 7.71% as per RBI report. RBI report is titled “State Finances: A Study of Budgets of 2023-24”. As per the report, the weighted average cut-off yield of State Government Security issuances increased 7...