<h1>RBI Report Analyzes State Finances for 2013-14: Fiscal Consolidation, Revenue Growth, and Challenges from Central Policies Highlighted.</h1> The Reserve Bank of India released its report on state finances, analyzing the fiscal positions of state governments for 2013-14. The report highlights continued fiscal consolidation since 2010-11, driven by increased tax revenues and central transfers. Key fiscal indicators, such as revenue surplus and gross fiscal deficit, are projected to improve, with a focus on development and social sector expenditures. The debt-GDP ratio is expected to decline, although states face challenges from central policies like the National Food Security Act. The report calls for greater fiscal transparency and suggests states enhance non-tax revenues and optimize resource use.