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Lower tax revenue forecast a worry for the southern states

Lower tax revenue forecast a worry for the southern states

Monday, December 23, 2019, 9:02 PM

The Centre's estimate that growth in GTR over the next five-years is likely to be sedate has left the southern-states worried, as it could affect the devolution of funds and cripple their spending on infrastructure and welfare programmes.Senior-Karnataka and Tamil-Nadu-government-officials, who spoke on the condition of anonymity, said any fall in central-funds would weigh on capital spending and welfare programmes of the state-governments.
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