Tag Archives: Budgets

Power Reforms Likely To Pressure States’ Budgets, Says RBI

India’s power reforms are likely to put pressure on state governments’ budgets, potentially forcing them to cut spending needed to support economic growth, the Reserve Bank of India (RBI) said in a report on Thursday (07 April). States could find themselves deviating from the path of fiscal consolidation as they take on an additional interest burden from debt tied to ... Read More »