States debt-to-GDP ratio worryingly higher than FY23 target, says RBI report

States debt-to-GDP ratio worryingly higher than FY23 target, says RBI report The Reserve Bank’s annual publication titled #39;State Finances: A Study of Budgets of 2021-22#39; further said as the impact of the second COVID-19 wave wanes, state governments need to take credible steps to address debt sustainability concerns.

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