Telangana’s finances show growing stress as borrowings exceed budget estimates while revenues lag. CAG data till November reveals heavy debt dependence, weak tax and non-tax mobilisation, a revenue deficit and shrinking fiscal headroom, raising concerns over long-term sustainability.
Hyderabad: The Comptroller and Auditor General (CAG), in its latest report, raised a red flag over the union government’s increased debts and revenue deficit during the pre-Covid period. The Centre has been advised to immediately draw a specific plan for reduction of its debt to minimise expenditure on debt servicing and consequently, make more of […]
