Should State Governments borrow more? | Explained

Should State Governments borrow more? | Explained

How does the Reserve Bank of India categorise the budgetary expenditures of the Union and State governments? What has been Kerala’s track record when it comes to spending on the social sector? From where do State governments receive their funds?

​How does the Reserve Bank of India categorise the budgetary expenditures of the Union and State governments? What has been Kerala’s track record when it comes to spending on the social sector? From where do State governments receive their funds? 

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