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FISCAL IMPRUDENCE
From entitlement to empowerment: The Centre is at loggerheads with some states’ fiscally imprudent subsidiesOne of the important factors for a country to sustain growth is sound fiscal health. A recent report by the RBI has raised concerns on stat...20 Aug, 2022, 01.04 AM IST- How GoI, BJP and non-BJP states are recklessly competing on freebiesState governments cannot spend beyond a limit. They have not controlled deficits by cutting down non-merit subsidies. Rather, they keep ann...28 Jul, 2022, 11.04 PM IST
- Indian economy to grow over 7.5 pc next fiscal: Piyush Goyal"I believe we will close this year upwards of 6.7 per cent. Next year should to my mind cross 7.5 per cent. All the signs are there for us ...12 Feb, 2018, 08.32 PM IST
- Union opposes government demand to get additional surplus from RBI"Only this year, RBI has contributed about Rs 13,000 crore to its contingency fund which government is attempting to take away," the union ...16 Nov, 2017, 10.04 PM IST
- UBS sees 0.5% fiscal slippage on stimulus, lower revenuesWe believe the Centre will likely breach the FY18 fiscal deficit target of 3.2 per cent of GDP by 0.5 per cent if its goes about with a fis...13 Oct, 2017, 03.27 PM IST
- Rajan has made it tough for the govt to be fiscally imprudent: Mythili Bhusnurmath"As far as policy action is concerned, this is entirely on expected lines. Governor Rajan has clearly thrown the ball in the government’s c...02 Feb, 2016, 04.57 PM IST
- Finance Ministry asks LIC to name board members in 50 firmsFinMin has asked Life Insurance Corporation of India to appoint board members in 50 companies in which it has a stake and no representation.15 Sep, 2013, 11.04 AM IST
- S&P sees GDP inching up to 6.4 per cent next fiscalThe agency cited a host of concerns including the sagging growth numbers, fiscal imprudence and lack of policy initiatives in the past as t...25 Feb, 2013, 04.59 PM IST
- Centre for Monitoring Indian Economy scales down GDP growth to 7.2 per centThe Centre for Monitoring Indian Economy today revised downwards its growth estimate marginally for the current fiscal to 7.2 per cent.16 Jul, 2012, 06.54 PM IST
- Centre for Monitoring Indian Economy expects revival in FY13; pegs GDP growth at 7.3%A leading economic think tank CMIE today said it expects a revival in fortune and pegged GDP growth for the current fiscal at 7.3 per cent.14 Jun, 2012, 10.37 PM IST
- Most external panel members wanted rate cut: RBIRBI governor Duvvuri Subbarao continued hiw view of sticking to a pause on interest rates when a majority of his advisory committee were fo...18 Feb, 2012, 05.03 AM IST
- Public debt-GDP ratio must be capped for economic stability, says RBI Governor Duvvuri Subbarao"Even in the case of sovereign debt, there is an inflexion point beyond which fiscal deficit militates against growth," Subbarao said.02 Feb, 2012, 09.39 AM IST
- Wages of Fiscal ImprudenceGrowth and Budget targets stand to be undermined by the perceived dither in governance.31 Mar, 2011, 07.16 AM IST
- Decontrol diesel pricesHow many times must the Cabinet decide and expert committees recommend that diesel prices should be decontrolled?09 Dec, 2010, 06.57 AM IST
- False comfort on fiscal deficitThere is, thus, no getting away from the need to rein in our fiscal deficit.06 Jan, 2010, 02.26 AM IST
- Booster dose to widen fiscal deficitGovt had projected this fiscal's deficit, the difference between total expenditure and its total receipts at 2.5% for 2008-09. Financial St...25 Feb, 2009, 07.01 AM IST
- Irresponsible to say petrol rate hike anti-people: MontekRefusing to call the hike in petroleum prices as anti-people, Planning Commission Deputy Chairman Montek Singh Ahluwalia osaid inflation wo...05 Jun, 2008, 08.51 PM IST
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