Latest Medium Term Fiscal Policy News & Updates

Mumbai, March 9 (IANS) Maharashtra’s Medium Term Fiscal Policy (MTFP) statement for 2026-27 presents a picture of a state trying to outpace a rising debt burden through aggressive infrastructure spending.Although the headline figures suggest fiscal discipline, the underlying numbers indicate mounting long-term pressures. The document, released after the state Budget, shows that the state’s discretionary fiscal space is shrinking rapidly.Combined spending on salaries of Rs 1,75,951 crore, pen…