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Searched Tag: state centre

The report attributes slow pace of growth due to moderation in GST rates post rationalisation, lower nominal GDP growth driven by easing inflation, and slowing devolution from the Centre to be the main reasons for higher revenue deficit of the states

States to have low capital outlay, spend more in FY26: Report

November 28, 2025, 03:31 PM - 2 min read

According to the report, rising revenue deficit of the states are due to slow pace of growth due to moderation in GST rates post rationalisation, slowing devolution from the Centre and lower nominal GDP growth driven by easing inflation

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