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Meghalaya to ask centre not to include ‘interest free loan’ in fiscal deficit calculation

The state government has asked the Union Ministry of Finance that the Special Assistance to States on Capital Investment (SASCI) – a 50 years interest free loan – should not be included in the fiscal deficit calculation of the state.

Govt not financing development by taking loans: Meghalaya CM

SHILLONG, MAR 6: Chief Minister Conrad K Sangma on Wednesday said that the government is not taking loans to finance development in the State. “We...

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