https://www.taxtmi.com/news?id=31608 Andhra Pradesh registers critical weaknesses in debt sustainability and overall fiscal health under the Niti Aayog Fiscal Health Index (2022-23), scoring at the bottom across quality of expenditure, revenue mobilisation, fiscal prudence, and debt index. A zero debt sustainability score indicates inability to service obligations, restricting lender willingness to provide credit. Concurrently, the state shows a low share of developmental resources devoted to capital expenditure with substantial declines in capital spending on social and economic services, contributing to persistent fiscal deficits and constrained development financing. en-us Mon, 27 Jan 2025 18:31:03 +0530 Mon, 27 Jan 2025 18:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=31608 Andhra Pradesh registers critical weaknesses in debt sustainability and overall fiscal health under the Niti Aayog Fiscal Health Index (2022-23), scoring at the bottom across quality of expenditure, revenue mobilisation, fiscal prudence, and debt index. A zero debt sustainability score indicates inability to service obligations, restricting lender willingness to provide credit. Concurrently, the state shows a low share of developmental resources devoted to capital expenditure with substantial declines in capital spending on social and economic services, contributing to persistent fiscal deficits and constrained development financing. News - Mon, 27 Jan 2025 18:31:03 +0530 https://www.taxtmi.com/news?id=31608