Business States’ fiscal deficit at 37 pc for Q1, total capex by govts grows just 2 pc: Motilal Oswal MI Kolkata Bureau Sep 12, 2020 Mumbai (Maharashtra) , India. Sep 11 Morning India: The total receipts of 14 states in India declined by 18.2 per cent year-on-year in the first quarter of current fiscal while total spending grew by just 2.7 per cent, Motilal Oswal…