Low-cost funds: Odisha, Maharashtra eye loans from rich PSUs instead of market

FINANCIAL EXPRESS
Instances of some state governments resorting to market borrowings at exorbitant costs seem to have prompted a few states to look for alternative ways to finance their coronavirus-related expenditure. At least two states- Odisha and Maharashtra – are going to seek soft loans from their cash-rich public sector undertakings soon. The idea is to reduce market dependence at this juncture,…