Business Standard

Centre To Go Ahead With Debt Swap For 12 States

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Our Economy Bureau BUSINESS STANDARD

THE finance ministry is likely to go ahead with the debt swap programme for over a dozen states in the current financial year. These states would be allowed additional market borrowings to enable them retire their high cost debt contracted earlier.

The finance ministry

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First Published: Dec 03 2002 | 12:00 AM IST

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