5T Initiatives Bring Exemplary Transformation in Fiscal Management: Odisha Emerges as Leader with Lowest Liabilities Against GSDP ...Middle East

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5T Initiatives Bring Exemplary Transformation in Fiscal Management: Odisha Emerges as Leader with Lowest Liabilities Against GSDP
Bhubaneswar: The transformative efforts of the Government of Odisha under the revolutionary 5T Initiatives have made it the leader in Fiscal Management in the country. The latest report by the Reserve Bank of India reinforces Odisha’s fiscal discipline and proves how carefully the State has managed to make significant improvements in its finances and became the numero uno in the country. The latest State Finances Report 2023-24 of the Reserve Bank of India shows that Odisha has the lowest outstanding liabilities as percentage of the Gross Domestic Product in the country. According to the report, Odisha has an outstanding liability of just 13.9 percent of the GSDP as at end of March 2024. Odi

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