Covid-19 Economic Package: Government Allows Increased State Borrowings With Conditions Attached
The portrait of Mahatma Gandhi is displayed on an Indian 50 rupee, left, and 2000 rupee banknotes. (Photographer: Brent Lewin/Bloomberg)

Covid-19 Economic Package: Government Allows Increased State Borrowings With Conditions Attached

The Indian government has raised the borrowing limit for states sharply to a total of over Rs 10 lakh crore, amid expectations that the Covid-19 pandemic will lead to a surge in expenditure. Howeve...
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