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Total 171 results found. Search for [ Fiscal Responsibility and Budget Management ]

Results 1 to 21 of 171
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

September 6, 2020
Former finance minister P Chidambaram says the government should also increase spending on infrastructural projects and start massive public works programmes to boost economic activity

E Kumar Sharma
July 27, 2020
To get to per capita income levels of developed countries, India needs to grow at 8 to 9 per cent per annum for 22 years; that is the kind of challenge we have in this country, said former RBI governor C Rangarajan

July 21, 2020
The report stated that the higher level of borrowings and a collapsing GDP this fiscal may lead to an increase in the country's debt-to-GDP ratio to around Rs 170 lakh crore in FY21 from Rs 146.9 lakh crore in FY20

June 24, 2020
Fitch said it expects India's GDP to contract by 5 per cent in the fiscal year ending March 2021 (FY21) following strict lockdown measures imposed since March 25 to curb the spread of coronavirus

Anand Adhikari
New Delhi, June 24, 2020
Rising debt of Centre and states is set to weaken the countrys credit profile. What is the way out?

Chitranjan Kumar
New Delhi, June 23, 2020
Fitch has lowered outlook of six state-owned entities after revision of the outlook on India's 'BBB-' sovereign rating to negative from stable

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

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

Dipak Mondal
May 1, 2020
Finance Ministry's consent to the state for borrowing Rs 5,375 crore from the market is not enough, says the chief minister

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

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

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

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

March 4, 2020
Badal describes CCL debt account of Rs 31,000 crore, inherited from previous SAD-BJP government, as a body blow to the state

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 ...

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