Government finances, both of the Centre and states, have shown remarkable resilience during the first half of the current fiscal, with tax mop-up surpassing expectations by a wide margin and expenditure remaining broadly in line with Budget estimates despite higher pandemic-related spending, says the December issue of the RBI bulletin.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News Govt finances showing marked improvement in H1: RBI paper
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