Finance minister Nirmala Sitharaman appeals opposition-ruled states to consider borrowing option 1

In letters sent out to chief ministers, the Union finance minister has elaborated that the special window being provided to states and that Centre will undertake the borrowing and pass on to states via back to back loans. Further, principal and interest was being paid out of the compensation cess fund, such that states are not burdened.

from Banking/Finance-Industry-Economic Times https://ift.tt/3lR43wN