States’ fiscal deficit steeply falls by 25 per cent in FY18, says Icra

Thirteen states have reported an average 25 per cent decline in their fiscal deficit primarily due to a contraction in capital outlay, even though their revenue has gone up by 7.5 per cent in the fiscal year to March 2018, says a report.

from The Financial ExpressEconomy – The Financial Express https://ift.tt/2HVFFWG