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State Cash Transfers Cushion Consumption: Crisil

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State Cash Transfers Cushion Consumption: Crisil

New Delhi, May 5 (PTI) Cash transfers by states, coupled with the Centre's welfare benefits, can cushion household consumption in the current fiscal year even as the economy sees inflation risks from high energy prices and El Nino, Crisil said on Tuesday. As many as 17 out of 28 states and a Union Territory (Delhi) will provide monthly cash transfers…

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