https://www.taxtmi.com/news?id=45340 The State will raise funds by selling government securities via an RBI auction (scheduled June 3) with payment by the successful bidder on June 4; the loan begins on June 4 and has a 20-year tenure ending in 2045. The proceeds are intended for development programmes. The borrowing occurs against a backdrop of already high state debt, reduced Revenue Deficit Grants, cessation of GST compensation, and sizable annual committed liabilities for salaries and pensions. en-us Sat, 31 May 2025 20:31:04 +0530 Sat, 31 May 2025 20:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45340 The State will raise funds by selling government securities via an RBI auction (scheduled June 3) with payment by the successful bidder on June 4; the loan begins on June 4 and has a 20-year tenure ending in 2045. The proceeds are intended for development programmes. The borrowing occurs against a backdrop of already high state debt, reduced Revenue Deficit Grants, cessation of GST compensation, and sizable annual committed liabilities for salaries and pensions. News - Sat, 31 May 2025 20:31:04 +0530 https://www.taxtmi.com/news?id=45340