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Borrowing from RBI per month
March 18, 2025
|Hindustan Times Bengaluru
Telangana chief minister A Revanth Reddy on Monday said his government is facing a cash crunch due to the debt burden and other factors, and that it has been able to pay salaries to employees after obtaining a "hand loan" of ₹4,000 crore from the Reserve Bank of India.
HYDERABAD:
Replying to a question in the state legislative council, Revanth Reddy said his government was struggling to pay salaries to its employees on the first day of every month regularly. "Like people in the villages take hand loans to meet their emergency needs, we are forced to approach the Reserve Bank of India every month to take ₹4,000 crore towards ways and means advances to pay salaries to the employees on time," he said.
هذه القصة من طبعة March 18, 2025 من Hindustan Times Bengaluru.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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