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Mumbai: A troubling financial pattern is emerging in Maharashtra, where off-budget borrowings -- intended to fund infrastructure and development -- are increasingly being used to repay previous loans and clear arrears. This cycle of debt to service debt, bypassing legislative scrutiny, poses long-term fiscal risks, according to recent disclosures in the state legislature. About The Documents Tabled During the just-concluded Monsoon session, two crucial documents were tabled: the Comptroller an ...Read More >
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