COVID-19: Are States Justified in Borrowing from Unspent Special Purpose Funds?

Unspent_Covid-19

The Odisha state finance ministry was preparing paperwork for accessing the unspent cash balance lying in special purpose funds, such as Odisha Mineral Bearing Area Development Corporation (OMBADC) as well as Compensatory Afforestation Management and Planning Authority (CAMPA) to mitigate economic crisis arising due to COVID-19.

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