This even if government clears all its allocated subsidy for 2019-20
Target years for reaching the desired fiscal deficit are pushed back; and when FMs are unable to get close to targets, they fudge the books and push the burden on to hapless PSUs, writes T N Ninan
The Corporation would further raise Rs 320 billion through government-guaranteed bonds
To replace present bank credit arrangement with RBI advance for same amount, at less cost; should free some of banks' loanables