Tight Fiscal Space Can Constrain Infrastructure Spending By States, Says Crisil
Shipping containers and cranes stand at an integrated logistics park, operated by Distribution Logistics Infrastructure Ltd. (DIL), in Nagpur, India. (Photographer: Dhiraj Singh/Bloomberg)

Tight Fiscal Space Can Constrain Infrastructure Spending By States, Says Crisil

Over the past five years, Indian states have increased their spending on infrastructure substantially. But pressure on their fiscal position due to loan waivers and schemes such as UDAY would hurt ...
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