Centre’s loans for capex push ties our hands, say Opposition states
2022-02-21
The capital expenditure push directed at states in Budget 2022-23 is being viewed with apprehension by some Opposition-ruled states that they might end up mortgaging their fiscal independence and sovereignty to the Centre for an extended period. States are flagging specific concerns about how the 50-year loans, specifically earmarked for capex in the budget for…Continue Reading