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Minimal stress on states’ fiscal consolidation path

Minimal stress on states’ fiscal consolidation path

The Central Government's financial debt restructuring plan for state distribution companies (discoms) is a well thought-out scheme. The restructuring plan takes into account the fiscal consolidation roadmap suggested by the Thirteenth Finance Commission (TFC) and exerts minimal stress on states' fiscal profiles, writes Devendra Kumar Pant.

Post
Minimal stress on states’ fiscal consolidation path

Minimal stress on states’ fiscal consolidation path

The Central Government's financial debt restructuring plan for state distribution companies (discoms) is a well thought-out scheme. The restructuring plan takes into account the fiscal consolidation roadmap suggested by the Thirteenth Finance Commission (TFC) and exerts minimal stress on states' fiscal profiles, writes Devendra Kumar Pant.

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Rain failure hits TN

Rain failure hits TN

In Tamil Nadu, the failure of the southwest monsoon has dealt a severe blow to the state’s hydroelectric power units, reducing energy generation by 33 per cent of their combined capacity.