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States need to focus on improving quality of expenditure: RBI Guv

The Free Press Journal - Mumbai

|

September 19, 2025

Reserve Bank of India Governor Sanjay Malhotra Thursday said state governments need to focus on improving quality of expenditure and ensure prudence in off-budget borrowings.

- Informist

Speaking at the inauguration of the 35th conference of state finance secretaries, the governor emphasised on the importance of fiscal discipline for promoting economic growth and prosperity, according to a press release by the central bank.

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