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National News

The Times of India

National / The Times of India

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Bond market funds 76% of states' deficit, up from 50% in FY17

Indian states' fiscal deficits are widening slightly, with market borrowing now funding the majority of their needs. Funding patterns are becoming more disciplined, with longer-term securities and lower borrowing costs. However, demographic shifts are creating distinct fiscal challenges and opportunities for younger versus older states.

26 Jan 2026 1:49 am