RBI holds conference of state Finance Secretaries

The 33rd Conference of the State Finance Secretaries was held in Mumbai. The theme of the Conference was ‘Debt Sustainability: States’ Perspective’ and was attended by the Finance Secretaries of 23 States and one Union Territory and officials from the Ministry of Finance, Government of India, Controller General of Accounts and the Comptroller and Auditor General of India. Governor, Reserve Bank of India inaugurated the Conference. Addressing the Conference, he highlighted the importance of debt sustainability for ensuring long-term fiscal health of the states.