Question
Which of the given statement is not correct about Fiscal
Management in Budget 2023-24?Solution
50 year Interest Free Loans to States to be spent on Capital Expenditure within 2023-24 Part of the loan is conditional on States increasing actual Capital expenditure The parts of outlay will be linked to States undertaking several reforms. Fiscal Deficit of 3.5% of GSDP allowed for States (0.5% tied to Power sector reforms)
What is the new per-transaction limit for UPI P2M transactions in specified categories like insurance and capital markets?
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