Ceiling on net borrowing: SC refers Kerala govt's suit to five-judge Constitution benchIn an original suit filed under Article 131 of the Constitution, the Kerala government has said the Constitution bestows fiscal autonomy up...
TN CM extends full support to Kerala on preserving fiscal federalismTamil Nadu CM Stalin supports Kerala CM Pinarayi Vijayan on preserving fiscal federalism; accuses Centre of misusing powers to restrict sta...
Debt raised by state PSUs to be considered borrowing by state: FM Nirmala SitharamanAll States have enacted their Fiscal Responsibility and Budget Management (FRBM) Act Compliance to the State FRBM Act is monitored by the r...
Kerala Finance minister hits out at CAG for faulting Kerala Infrastructure Investment Fund BoardCorporate bodies of the central government have also availed such loans,he claimed. The CAGobservation that KIIFB violates Article 293(1) o...
GST borrowing quantum has to be reasonable, will continue to request states to join: Finance SecretaryHe said while extending the loan, the Centre would take authorisation from states that repayment would be made only from the GST compensati...
GST Council fails to decide on compensation to statesGST collections have fallen short on account of the Covid-19 pandemic, in turn hitting compensation to states. Opposition-ruled states main...
GST Council can ask Centre to let states borrow to compensate shortfall: Attorney GeneralIn a written reply to a query in Rajya Sabha, minister of state for finance Anurag Thakur said that the AG had, however, left it to the Cen...
February wholesale inflation cools to 2.26% on food articlesIndia’s wholesale inflation eased to 2.26% in February, on the back of lower inflation in food articles especially onion and vegetables, da...
WPI inflation rises to 3.18% in March on costlier food & fuelThe WPI for the month of February stood at 2.93 per cent.
‘Council, curbs on grants by govts to help fiscal consolidation’But we do need a mechanism for enforcement which will be equally applicable for both centre and states.
Wholesale inflation firms up in Feb on dearer food, fuelThe Wholesale Price Index (WPI) based inflation stood at 2.76 per cent in January, 2019.
- Haryana floats securities to raise Rs 1,295 cr
The Haryana government has floated stocks of ten years tenure for an aggregate Rs 1,295 crore to be sold through Reserve Bank of India by a...
- Inflation of 30 essential commodities rises: FinMin
Inflation of 30 essential commodities rose to 7.88 per cent for the week ended October 4, even as the overall rate of price rise fell to 11...
- Punjab to float Rs.1000 crore loan
The Punjab Government in line with the Reserve Bank of India today proposed to float a state loan of Rs. 1000 crore to raise part of the ba...
- Punjab to float Rs 500 crore loan
The Punjab Govt has proposed to float a state loan of Rs 500 crore to raise part of the harrowings through auction system.
- Punjab to float Rs 500 crore loan
The Punjab Government has proposed to float a state loan of Rs 500 crore to raise part of the harrowings through auction system.
- States cannot float SPVs to raise funds
The Centre has issued firm and specific guidelines to state governments seeking to bar borrowings by special purpose vehicles floated by th...