As West Bengal and Tamil Nadu get ready for new governments, management of finance in both the states remains an issue.
Chief Economic Adviser Kaushik Basu told CNBC-TV18 that both these states will have to tighten its finances. He also hopes that the absence of outgoing West Bengal Finance Minister Asim Dasgupta will not impact the talks on GST. Below is the verbatim transcript of his interview with Rituparna Bhuyan of CNBC-TV18. Also watch the accompanying video. Basu: ItDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!