Bengal FM asks Sitharaman to up borrowing limit for states to 5% of GSDP unconditionally

In a letter to Union FM Nirmala Sitharaman, Mitra also sought that the compensation period be extended by five years beyond July 2022, which will provide stability to states’ finances currently reeling under the effects of Covid pandemic and cyclones Yaas and Taukte.

from News-Economic Times https://ift.tt/34NUIQ1