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Why India’s state accounts don’t add up, distorting deficits and debt(Soban News)

Misclassification is rife, affecting compliance under
FRBM Act, and distorting revenue surplus, fiscal deficit
and debt ratios. IMF doesn’t like it. Now, CAG is set to
clamp down on the bad practic

​Misclassification is rife, affecting compliance under
FRBM Act, and distorting revenue surplus, fiscal deficit
and debt ratios. IMF doesn’t like it. Now, CAG is set to
clamp down on the bad practic by Soban News (international And National News)

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