ZIRAAT TIMES ECONOMIC ANALYSIS TEAM Srinagar: Several state governments have formally asked the Centre to raise their fiscal deficit limit to 5% of GSDP from 3% now, allowing them greater elbow room to borrow money to fund their budget commitments. Most of the states in India, including Jammu and Kashmir, are likely to face a … Continue reading As states ask centre to raise fiscal deficit limit to 5%; J&K’s finances look bleak More