NEW DELHI: (Apr 1) Finance Minister Nirmala Sitharaman on Tuesday said there should not be any politics on public finance, as it has a long-term impact on the Centre and states.
Launching the ‘NITI NCAER States Economic Forum’ portal here, she said borrowing should be done in a fiscally prudent manner and not become a debt burden going forward.
“Raising money is important, as much as managing your debt. There is no good if I am being very good in terms of giving projects or schemes to the public…but have no resources for it. Equally, it is also very tempting to keep borrowing,” she said. PTI
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