New Delhi, Feb 1 (IANS) The Finance Commission has recommended that the fiscal deficits of states should stay within the 3 per cent of Gross State Domestic Product (GSDP) limit during the award period 2026–27 to 2030–31, and that they should not go in for off-budget borrowings to ensure financial stability. It also recommended that the Comptroller and Auditor General (CAG) include disclosures on off-budget borrowings in State Finance Accounts.The commission has highlighted inconsistencies in…
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