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Maha's pre-poll welfare schemes unlikely to hit state's fiscal health
Business Standard|October 17, 2024
The series of welfare schemes announced by the Maharashtra government ahead of the Assembly elections is unlikely to hit the fiscal health of the state in the financial year 2025 (FY25), according to rating agency ICRA. The agency said that the state's market borrowings remained within prudential norms.
- ABHIJIT LELE

Responding to queries at a webinar on state finances, Aditi Nayar, chief economist, ICRA, said Maharashtra specifically has had many years of running a fiscal deficit, which was well below the threshold.

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Maha's pre-poll welfare schemes unlikely to hit state's fiscal health
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