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CAG report: HP fiscal deficit down by 9.2% in 2018-19
By Gaurav Bisht | Hindustan Times/Shimla, Shimla
UPDATED ON SEP 14, 2020 11:56 PM IST
Only 33% of the revenue receipts came from the state’s own resources comprising taxes and non-taxes; central transfers brought in the remaining 67%; state improves vis-a-vis share of capital expenditure to total expenditure
CCEA hikes discom loan limit
By Utpal Bhaskar, Elizabeth Roche and Shreya Nandi | Hindustan Times, New Delhi
UPDATED ON AUG 20, 2020 06:12 AM IST
As part of its stimulus package to bring the economy back on track after the Covid-19 lockdown, the government announced the liquidity injection for discoms as part of the Atmanirbhar Bharat Abhiyan, backed by state governments’ guarantees.
Govt to ease borrowing cap in relief for discoms
By Utpal Bhaskar | Livemint
UPDATED ON JUL 29, 2020 06:55 AM IST
The draft cabinet note seeks a one-time exemption for discoms from the conditions for accessing working capital under UDAY.Discom dues have hit power producers and contributed to the stress in the banking sector
Populist doles could lead to fiscal slippages: RBI warns Finance Panel
By PTI | Press Trust of India
UPDATED ON MAY 09, 2019 08:50 AM IST
Reserve Bank of India (RBI) has raised concerns that doled out sops to the marginalised sections will stretch the fiscal position of states. RBI has flagged these concerns for a long time fearing the impact of these schemes on inflation rates.
Centre to roll out prepaid metering across India from April, says power and renewable energy minister RK Singh
By Anisha Dutta and Rajeev Jayaswal | Hindustan Times, New Delhi
UPDATED ON DEC 24, 2018 01:51 PM IST
If state governments want to give subsidy, they can give as much as they want. However, whatever subsidy state governments decide to give, they have to give that amount to the DISCOMs.