Fiscal Outcome

Observing that the slowdown in own tax revenue, a high share of committed expenditure and rising subsidy burdens have stretched state government finances already exacerbated by Covid, the article said

The rating agency has said that there may be a considerable variation across states depending on the impact of the Covid-19 infections, restrictions and vaccinations

The rating agency - in its Infrastructure Yearbook 2019, released on Tuesday - said most of the sub-sectors in infrastructure have shown stress this year, compared to the previous year

The RBI said one of the factors affecting headline retail inflation was the Centre's decision to fix MSP

it can be noted that RBI had last July transferred Rs 65,876 cr of its surplus as dividend to govt