Mokokchung, June 18 (MTNews): In an attempt to enhance transparency in states’ balance sheets and reducing the large off-budget liabilities, which have often been flagged by economists and states, the Centre has directed eight states to provide additional disclosures of their off-budget liabilities for approval of their borrowing plans.
The eight states include Nagaland, Uttar Pradesh, Uttarakhand, Chhattisgarh, Assam, Madhya Pradesh, Himachal Pradesh and Sikkim, reported The Economic Times.
According to the official, Maharashtra, Kerala, Andhra Pradesh, Goa, West Bengal, Gujarat, Haryana, Manipur, Meghalaya, Rajasthan and Tamil Nadu have given full disclosure and had participated in the May 31 state development loan (SDL) auction.