India’s Reliance on Central Bank Cash Puts Budget Funding at Risk
The Reserve Bank of India (RBI) logo is displayed inside the central bank building in Mumbai, India. (Photographer: Karen Dias/Bloomberg)

India’s Reliance on Central Bank Cash Puts Budget Funding at Risk

(Bloomberg) -- India’s government is increasingly relying on one-time revenue measures to plug its budget gap, raising questions about how it will finance spending pledges further out.
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