term positive for states: CRISIL Ratings
Published on: March 6, 2026, 3:45 p.m. | Source: The Tribune
The recommendations of the 16th Finance Commission (FC), which emphasise reducing revenue deficits and boosting growth-oriented capital spending, are expected to support the fiscal health of states in the long term, according to a report by CRISIL Ratings. However, the rating agency noted that near-term challenges may persist due to limited incremental fiscal support from the Centre.
