Economic System News
© 2021 Guardian News & Media Limited or its affiliated firms. Trading in financial instruments and/or cryptocurrencies involves excessive risks including the risk of shedding some, or all, of your funding amount, and may not be appropriate for all buyers. Prices of cryptocurrencies are extremely unstable and could also be affected by external components such as monetary, regulatory or political occasions. Successful implementation of the reform has made the state eligible to mobilise additional monetary resources equivalent to zero.15 per cent of its Gross State Domestic Product . Prime Minister Narendra Modi on Wednesday lashed out at previous governments, saying the poor needed to the bear the brunt of their “wrong” policies and intentions. The pandemic has hit tax collections of the states and resulted in a close to four-fold spike of their revenue deficits this fiscal over FY20, the report mentioned. Chairman’s comments on Thursday are a sign that …