"fiscal-responsibility-and-budget-management"

Hyderabad: Telangana’s impressive march on the growth path could face speed-breakers if the BJP government at the Centre has its way in turning down the State’s repeated pleas to allow it to raise funds through Open Market Borrowings (OMBs). The Centre has, so far, held back giving its nod to Telangana to take the OMB […]

Union Finance Minister Nirmala Sitharaman responded positively to State Finance Minister Harish Rao's demand and assured to consider the suggestion

Union Finance Minister Nirmala Sitharam responded positively and assured to consider the suggestion from Telangana State

Finance Minister stated that TS was in a much better financial condition than the rest of the States as well as the Centre, and debunked the Oppn allegations of massive borrowings by State govt

The fiscal support must tilt towards more direct spending and tax relief