CAG report flags fall in Delhi’s contribution to national GDP
A CAG report shows Delhi's GSDP growth was slower than the national economy. Revenue receipts grew, driven by tax collections, while non-tax revenue declined. Government expenditure saw higher revenue spending, limiting capital investment opportunities. Subsidies, especially for power, increased significantly over the decade. Capital expenditure declined, impacting infrastructure and transport…
We haven't written up this one. The Economic Times - Economy has the full story — the link below goes straight to it.
