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    <description>The Economic Survey attributes improved state fiscal indicators to growth, higher central transfers, debt restructuring, and central assumption of social spending, alongside state restraint on non-interest expenditure, reduced off-budget liabilities, and better revenue forecasting; it cautions that gains are waning and calls for Centre-led exemplar fiscal management and incentive-based mechanisms to sustain state fiscal discipline amid rising pay and bond-related pressures.</description>
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