It has slipped to fifth position in fdi. Revenue receipts grew only 1.5 per cent in more than a decade. Sales tax, the biggest revenue source, may fall to only Rs 5,000 crore this fiscal against a target of Rs 6,600 crore. Naturally, market borrowings shot up to Rs 20,817.83 crore last year. Small wonder then that the state had to take overdraft as many as 15 times in the last three years.
