Why state FM's job is an unenviable one
New Delhi, Feb. 17 -- The numbers say it all. Data given in the Reserve Bank of India's Study of State Budgets puts total receipts of all states with assemblies (including Jammu and Kashmir) in 2019-20 at ~39.2 lakh crore. The document was released in September last year. ~31 lakh crore of this amount was expected to come from revenue receipts and ~8.25 lakh crore in capital receipts. These are all Budget Estimates (BEs)....
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