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Total 127 results found. Search for [ FRBM Act ]

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Prasanna Mohanty
October 6, 2020
Part II of this two-part article looks at more data on the growth of temporary or informal workers in India and how it poses a serious threat not just to the wellbeing of millions of its workers but to the growth prospects of the economy in the long run


BusinessToday.In
August 27, 2020
GST Meeting News Updates: Meeting was attended by MOS Anurag Thakur, besides finance ministers of states and UTs and senior officers from Union government and states


PTI
May 18, 2020
\"In all, from the total Rs 20.9 lakh package, the immediate fiscal slippage for the Centre will be a modest 0.8 per cent of the GDP,\" DBS economist Radhika Rao said


Prasanna Mohanty
May 18, 2020
For years, India's fiscal practices and numbers have remained under a cloud with CAG red-flagging off-budget financing and window-dressing of accounts. Not putting the house in order now means effectiveness of stimulus 2.0 or deficit financing of a higher order would be unknown and unknowable


Anand Adhikari
May 17, 2020
The centre has increased its borrowing from the budgeted Rs 7.8 lakh crore in 2020-21 to Rs 12 lakh crore. Similarly, the states borrowing which was estimated at Rs 6.41 lakh crore in 2020-21 has now increased  to Rs 10.69 lakh crore


Anand Adhikari
New Delhi, May 14, 2020
The finance minister's proposal of a 100 per cent government guarantee to banks for disbursing Rs 3 lakh crore to MSMEs would substantially increase the guarantee amount


BusinessToday.In
New Delhi, May 14, 2020
The finance minister's proposal of a 100 per cent government guarantee to banks for disbursing Rs 3 lakh crore to MSMEs would substantially increase the guarantee amount


Joe C Mathew and E Kumar Sharma
New Delhi, May 12, 2020
India badly needs a stimulus. Here's how to find the money


Prasanna Mohanty
May 9, 2020
India needs to address massive job losses; strengthen public healthcare for COVID-19 and beyond; develop institutional mechanisms and leadership to respond to emergencies; devolve decision-making and funding to states, local bodies and scale up public spending to infuse life into the economy, all of which call for structural changes


BusinessToday.In
New Delhi, April 27, 2020
The RBI has not yet taken a view on monetising the budget deficit target, but it needs to be \"well calibrated and thought out roadmap\" to manage finances, says  Shaktikanta Das


Prasanna Mohanty
April 23, 2020
Getting the basics right holds the key. This would involve first acknowledging that a large population has lost incomes, savings and jobs and second, consumption drives the economic growth which had already been weakened even before the pandemic hit


BusinessToday.In
New Delhi, April 8, 2020
The other issues raised in the all-party meeting included the release of pending dues to the states, relaxation of the fiscal limit of states under FRBM Act from 3 per cent to 5 per cent and making COVID-19 tests free


BusinessToday.In
April 8, 2020
The prime minister was asked by opposition leaders to release the dues owed to states in the meeting


BusinessToday.In
April 8, 2020
Live updates on India coronavirus: Essentials will be delivered door-to-door in sealed coronavirus hotspots in Delhi; list of sealed areas to be released tomorrow


PTI
April 6, 2020
A similar letter went to Amit Shah, with the CM stressing that early action on these issues will help in effective management provide requisite relief to all those who are adversely affected by the crisis


Dipak Mondal
New Delhi, March 15, 2020
Finance Minister Nirmala Sitharaman says she will call a special meeting of GST Council two weeks after Parliament session will be over, following which the council will take a call


BusinessToday.In
New Delhi, February 17, 2020
Prime Minister Narendra Modi on Sunday inaugurated development projects worth over Rs 1,200 crore at Varanasi in Uttar Pradesh. PM Modi, who reached Varanasi on Sunday morning, also flagged off IRCTC's Maha Kaal Express via video conferencing and dedicated Pandit Deendayal Upadhyay Memorial Centre to the nation; Arvind Kejriwal on Sunday, was sworn-in as chief minister of Delhi for the third time. Kejriwal took oath as Delhi CM at Ramlila Maidan today. He is the first and the only chief minister of Delhi who has preferred Ramlila Maidan for his oath ceremonies, while his predecessors took oath in the Raj Niwas; The number of unemployed educated youth in India's most populous state, Uttar Pradesh, has grown by over 12.5 lakh in last two years to 34 lakh, Yogi Adityanath government said at the state assembly on February 14. According to Centre for Monitoring Indian Economy (CMIE) data, unemployment almost doubled in UP during 2019 compared to 2018. Watch this and more news on News Blast.Also read: Fire breaks out at GST Bhavan in Mumbai; rescue operations underway


BusinessToday.In
New Delhi, February 17, 2020
Amazon, Flipkart seek rollback of new Indian tax on online sellersAmazon and Walmart's Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry, according to documents seen by Reuters. The online retail industry is braced for a possible 1% tax on each sale made by sellers on their platforms from April if the proposal is approved by parliament next ...


BusinessToday.In
New Delhi, February 16, 2020
Interacting with trade and industry representatives in Hyderabad, Nirmala Sitharaman said the interests of all sections of people from all sectors have been kept in mind while preparing the Budget


BusinessToday.In
New Delhi, February 11, 2020
Comparing fiscal discipline under the Modi government with that of Manmohan Singh government (2009-2014), Sitharaman said that the previous regime had failed to contain fiscal deficit numbers


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