Telangana Struggles to Pay Old Debts and Staff Allowances
Telangana is finding it hard to repay the principal and interest on its old debts. The burden grows as two instalments of Dearness Allowance will be paid from October salaries, adding to the state's financial pressure.
ContextContext: Dearness Allowance is a cost-of-living payment to government employees and pensioners, usually revised a few times a year. States borrow to fund spending, so repaying old loans can leave less money for other needs.
Read at The Hindu: National
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