Centre Hikes FRBM Limit for States | FRBM limit Raised 3 to 3.5 Percent

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Centre Hikes FRBM Limit for States | FRBM limit Raised 3 to 3.5 Percent

Central Govt raised the FRBM’s limit for the state from 3 per cent of gross state domestic product to 3.5 per cent, As per the FRBM Act, a Telangana state government can borrow the loans to the extent of 3 percent of its Gross State Domestic Product

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