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Home > News > State debt set to touch Rs1.54 lakh crore > State debt set to touch Rs1.54 lakh crore

State debt set to touch Rs1.54 lakh crore [1]

Mumbai: With the state's revenue deficit almost reaching Rs2,300 crore due to a drastic fall in revenue collections, Maharashtra's debt burden has touched Rs1.54 lakh crore this fiscal.

Also, with expenditure on employees reaching 49% and a revenue deficit of 5% as a target, development work in the state is expected to take a hit.

Publication Date: 
13/02/2009
Daily News Analysis (Mumbai) [2]
Tags:
Economy [3], Maharashtra [4]
Centre for Science and Environment
National Knowledge Commission Government of India

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[1] http://admin.indiaenvironmentportal.org.in/news/state-debt-set-touch-rs154-lakh-crore
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/daily-news-analysis-mumbai
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/economy
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/maharashtra