CAG raises concerns over Telangana's financial health as outstanding liabilities reach ₹4.68 lakh crore, 35.64% of GSDP.
CAG raises concerns over Telangana's financial health, with total outstanding liabilities reaching ₹4.68 lakh crore, 35.64% of GSDP, and a debt servicing burden requiring repayment of ₹2.67 lakh crore by FY33. State's debt-to-GSDP ratio exceeds the 25% target under Telangana State Fiscal Responsibility and Budget Management Act, and the limit prescribed by the XV Finance Commission.
August 02, 2024
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