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Total 854 results found. Search for [ fiscal deficit states ]

Results 80 to 100 of 854
Prasanna Mohanty
June 3, 2020
Latest job loss survey and national accounts statistics point to the need for strengthening PDS supply and cash transfers to reach more people, assisting self-employed/micro-enterprises, additional allocation for MGNREGS and a job scheme for urban areas


Prasanna Mohanty
June 1, 2020
RBI data shows excess liquidity is lying idle, parked in its own reverse repo account, and burdening it with higher interest payouts. This could be tapped and channelised for additional fiscal spending to stimulate growth through government bonds


Dipak Mondal
May 30, 2020
April GST collections are for March transactions, and the lockdown started only from March 25, therefore, the poor collection in the month could be mostly due to extension of return filing dates


Dipak Mondal
May 29, 2020
Gross tax collection for FY20 was Rs 20.09 lakh crore, against the revised estimate of Rs 21.63 lakh crore. What is more worrying is the fact that the gross tax collection is lower than the previous year's collection of Rs 20.8 lakh crore


Prasanna Mohanty
May 28, 2020
For a republic at work since 1947, decisions on issues of national importance without prior consultation with experts, opposition parties, state governments and other stakeholders are not only inconceivable but come with consequences that could be easily avoided


Prasanna Mohanty
May 27, 2020
The package is completely aligned to self-professed agenda of the IMF of limiting fiscal spending, relying on liquidity and credit to households, privatising government-run companies and more deregulations for private enterprises. This agenda has brought immense grief to a large number of countries to be comforting


Anand Adhikari and Dipak Mondal
New Delhi, May 27, 2020
States finally have headroom to borrow more from the market. But there's a cost to it


Chitranjan Kumar
New Delhi, May 26, 2020
CRISIL opined that it is not possible for India to return to its pre-pandemic growth levels at least for the next three fiscals despite policy support


Chitranjan Kumar
New Delhi, May 26, 2020
Ind-Ra has revised upward its estimate of gross market borrowings of states to Rs 8.25 lakh crore in FY21 from its earlier estimate of Rs 6.09 lakh crore


E Kumar Sharma
May 25, 2020
He feels provision for some kind of cash dispensation is necessary, saying the government could cut some other expenditures, perhaps towards administration or travel


Anand Adhikari
May 22, 2020
The government has tried to keep deficit financing at minimum despite demand for higher stimulus from economists, states, opposition parties and global experts


Prasanna Mohanty
May 21, 2020
The 1929 and 2007-08 financial crises have amply demonstrated how unbridled growth of liquidity and household credit caused havoc in people's lives and economies. Pushing for more of the same at the time of massive loss of jobs and incomes is not such a good idea


BusinessToday.In
New Delhi, May 20, 2020
FM Nirmala Sitharaman says rather focus should now be on implementations of initiatives taken in fiscal stimulus; says it's important to making sure targeted audience is reached


Manoj Sharma
New Delhi, May 19, 2020
Bernstein says India's desire to announce a large economic package, something that shows the world that they care about the economy and are willing to match global stimulus numbers, was perhaps the \"driver\" for claim of a large package


BusinessToday.In
New Delhi, May 19, 2020
All along, China has worked with openness, transparency and responsibility. China has provided information to WHO and relevant countries in most timely fashion, says Chinese President Xi Jinping


Reuters
May 19, 2020
Asked about renewed tensions between the United States and China the world's two largest economies, Georgieva said she was urging member countries to maintain open communication and trade flows that had underpinned global growth for decades


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


Manoj Sharma
New Delhi, May 18, 2020
Considering huge losses in revenue, SBI expects states to at least strip its estimated budgeted capital expenditure for FY21 of Rs 8.8 lakh crore by 50 per cent, if not more


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


Nirbhay Kumar
New Delhi, May 17, 2020
India's fiscal deficit for FY21 is pegged at 3.5% but most economists expect it to rise to 5% in wake of sharp fall in revenue in the current fiscal


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