News Source: Livemint
Govt plans to borrow under a special RBI window and lend the same to states to bridge revenue deficit
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Govt plans to borrow under a special RBI window and lend the same to states to bridge revenue deficit
The central government on Thursday said it will borrow under a special Reserve Bank of India (RBI) window and lend the money to states that opt for debt to bridge their revenue gap this fiscal arising from the indirect tax reform three years ago.
News Source: Livemint
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