https://www.taxtmi.com/news?id=38160 The summary addresses contested state fiscal management: the chief minister alleges prior misuse of central GST compensation and revenue-deficit grants, contributing to a debt trap, and describes recent borrowings largely consumed by interest and debt repayment, limiting capital expenditure; he attributes constrained budget size to reduced grants, borrowing limits, and pension restoration. The opposition disputes these figures, arguing net borrowings were lower previously and charging the current administration with faster loan accumulation, focusing the dispute on budget transparency, composition of receipts and expenditures, and growing loan liability. en-us Fri, 21 Mar 2025 21:01:03 +0530 Fri, 21 Mar 2025 21:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=38160 The summary addresses contested state fiscal management: the chief minister alleges prior misuse of central GST compensation and revenue-deficit grants, contributing to a debt trap, and describes recent borrowings largely consumed by interest and debt repayment, limiting capital expenditure; he attributes constrained budget size to reduced grants, borrowing limits, and pension restoration. The opposition disputes these figures, arguing net borrowings were lower previously and charging the current administration with faster loan accumulation, focusing the dispute on budget transparency, composition of receipts and expenditures, and growing loan liability. News - Fri, 21 Mar 2025 21:01:03 +0530 https://www.taxtmi.com/news?id=38160