Mismanagement costs Andhra Pradesh Rs 8cr as interest to RBI

In a classic case of financial mismanagement, the Andhra Pradesh government went short of funds and ended up availing an overdraft from the Reserve Bank of India (RBI) as it had paid Rs 2,067 crore to industrialists in one go in March.








from Hyderabad News, Hyderabad City News | Cities News - Times of India http://ift.tt/1d717Je
Full Telangana