Foundations laid by the previous BRS government to strengthen Telangana's economy are now benefiting the Congress government, Namasthe Telangana reported. Following a review of Telangana's financial situation by the Reserve Bank of India (RBI), the government's borrowing limit for ways and means advances has been increased from Rs. 2,407 crore to Rs. 2,733 crore. This 13.5% increase provides an additional flexibility of Rs. 326 crore in cash management.
RBI Boosts Telangana's Financial Standing with Increased Borrowing Limit
The Reserve Bank of India has provided a boost to Telangana's financial system. The state government's borrowing limit for ways and means advances has been increased by 13.5%.
BusinessSource: Namasthe Telangana



