Tag: Financial

[The Hindu]Telangana continues to depend on financial accommodation instruments of RBI due to shortfall in revenue receipts

[The Hindu]Telangana continues to depend on financial accommodation instruments of RBI due to shortfall in revenue receipts

Telangana’s finances continued to witness a shortfall in revenue receipts forcing the government to depend heavily on financial accommodation instruments such as special drawing facility (SDF), ways and means advances (WMA) and overdraft provided by the Reserve Bank of India (RBI) to meet its immediate needs.The State depended on ...

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