Chief economic advisor submits dissent note on FRBM panel reportArvind Subramanian disagrees with the report's key constituents saying that "the new architecture would be a corset on fiscal policy".
FRBM panel recommends establishing a fiscal councilThe proposed fiscal council is a similar recommendation line given by 14th Finance Commission but the government so far has resisted to imp...
Modify FRBM Act but avoid activism, says Economic SurveySurvey says operational framework of law needs to be modified ‘for India of today and tomorrow’.
Panel backs pressing pause button on fiscal deficit targetIn 2005-06 Budget, then FM P Chidambaram had hit the pause button, citing strain on the budget due to recommendations of the 12th Finance C...
Budget 2017: FRBM panel submits 4-volume report to Jaitley"The government will examine the FRBM Committee Report and take appropriate action," the Finance Ministry said.
Panel recommends complete overhaul of FRBM act; suggests govt not to keep fiscal deficit below 3%According to reports on ET Now, in its final report submitted to Finance Ministry today, the panel has recommended against following an 'ag...
FRBM panel studying GDP and tax numbers to submit report soonAt present, the committee is looking at the GDP estimates and revenue collections so far in the current fiscal, FRBM Panel Chief NK Singh s...
FRBM panel seeks RBI views, to submit report next month"The FRBM Panel is likely to submit report by January 13. The panel has sought RBI's view on fiscal consolidation path," sources said.
Fiscal Responsibility and Budget Management panel to submit report by November 20In May this year the govt had formed a five-member committee under former revenue secretary N K Singh to review the working of the 12-year ...
'FRBM to act in tandem with Monetary Policy Committee'FRBM is to act in tandem with the inflation targeting of MPC. The idea is to ensure resource flow to the economy, Singh said at an interact...
Government's fiscal deficit target likely to change to a 'range': Nomura"Currently, the government has a fiscal deficit target at 3% of GDP in 2017-18, but this could be changed to a 'range' post the committee's...
NK Singh to head FRBM panelThe govt has set up a high-level panel chaired by former revenue and expenditure secretary and member of parliament NK Singh to review the ...
- Budget 2010 to reflect finance panel suggestions: Govt
Commission was constituted to determine the sharing of tax revenues between the central and state governments. Gainers: BSE ( A, B ), NSE |...
- Plan panel, finmin may spar over FRBM
The Plan panel and the finance ministry could clash once again over the targets set in the Fiscal Responsibility & Budget Management (FRBM)...
- Planning Commission meet on fiscal discipline
The Planning Commission argued that not much budgetary resources will be available with it and with the Centre to spend in 2007-08 if FRBM ...
- Plan panel for easing FRBM requirements
The PC has suggested a mild relaxation in the FRBM requirement for FY07 to meet the resource gap, even as the finance ministry is insisting...
- FM sees 12% nominal GDP growth in FY06
Government on Monday projected a 12 % nominal growth but admitted that it will not be able to meet FRBM target of reducing fiscal deficit b...