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Chennai’s MTC Plans to Request Approval for Lifting Borrowing Limit to L4,500 Crore

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Chennai's Metropolitan Transport Corporation (MTC) is looking to raise its borrowing limit due to annual losses and a cash shortage. With loans from TDFC and subsidies, the MTC is struggling to make ends meet and is seeking further financial assistance.

Kerala Government May Seek SC’s Intervention over Centre’s Reduced Borrowing Limit

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Kerala's borrowing limit reduced to 2% from 3%, prompting the state to consider legal backing from the Supreme Court. Debt has risen by 80.01% since 2016.

Maharashtra’s debt of Rs 7.07 tn driven by infrastructure development instead of populism

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Maharashtra's debt burden of Rs 7.07 lakh crore raises concerns, but manageable below borrowing limit. Government's infrastructure efforts help. Fiscal deficit likely to decrease, with increased spending and receipts projected.

Mann Prioritizes Freebies Over OPS in Cash-Strapped Punjab

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The AAP government in Punjab promises to revive the Old Pension Scheme for employees, but debt and borrowing limits have stalled implementation. Unions demand action.

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Chennai’s MTC Plans to Request Approval for Lifting Borrowing Limit to L4,500 Crore

Business 0
Chennai's Metropolitan Transport Corporation (MTC) is looking to raise its borrowing limit due to annual losses and a cash shortage. With loans from TDFC and subsidies, the MTC is struggling to make ends meet and is seeking further financial assistance.

Kerala Government May Seek SC’s Intervention over Centre’s Reduced Borrowing Limit

Business 0
Kerala's borrowing limit reduced to 2% from 3%, prompting the state to consider legal backing from the Supreme Court. Debt has risen by 80.01% since 2016.

Mann Prioritizes Freebies Over OPS in Cash-Strapped Punjab

Politics 0
The AAP government in Punjab promises to revive the Old Pension Scheme for employees, but debt and borrowing limits have stalled implementation. Unions demand action.

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