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of <h1>Maharashtra Departments Must Seek CM Approval for International Loans, Ensuring Fiscal Discipline and Strategic Alignment</h1> A state government order mandates that Maharashtra departments must obtain chief minister's approval for external loans from international funding agencies. The order requires preliminary project reports, ensures loans align with fiscal deficit limits under the FRBM Act, and stipulates that negotiations and loan agreements must receive state cabinet approval. The detailed project reports must include strategic, technical, and economic dimensions, with completion timelines and cost schedules.
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