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GSDP GUIDELINES
Government issues draft norms to standardise state, district GDP estimatesFramework standardises concepts, data and methods to ensure consistent, comparable estimates
States urge Union Finance Ministry to ease their borrowing limitsSeveral states, including Maharashtra and Kerala, are urging the Union finance ministry to ease borrowing limits. These limits now factor i...
No timeline for introduction of regulatory guidelines for virtual digital assets industry: MoS FinanceIndia has no set timeline for comprehensive virtual digital asset regulations, citing the need for international collaboration. The governm...
EC proposes parties declare cost and means of poll promisesThe EC said empty poll promises have far-reaching ramifications, and added it cannot overlook the undesirable impact inadequate disclosures...
New rule: Additional borrowing space only if states agree to take over discoms' future lossesAs per the guidelines issued by the finance ministry, states cannot renege on power purchase contracts, cannot have unpaid subsidies to dis...
Telangana govt presents tax-free budget for 2021-22, proposes over Rs 2.30 lakh crore expenditureThe Telangana government on Thursday presented a tax-free Budget for 2021-22, proposing a total expenditure of Rs 2,30,825.96 crore with ma...
Centre grants Rs 4,898 crore of reform-linked additional borrowing limit to Andhra and MPWhile AP received permission to mobilise Rs 2,525 cr through market borrowings, MP can raise an additional Rs 2,373 cr, according to a fina...
GMR Hyderabad Air Cargo launches FTCCI business facilitation centreThe Cool Dolly was developed in-house by GHAC with the help of inputs from pharmaceutical exporters and air carriers for transportation of ...
Rajasthan CM Ashok Gehlot to monitor ease of doing business in the stateIn a press statement, Rajasthan government chief secretary D B Gupta said that, from now on, chief minister Ashok Gehlot would chair meetin...
Fiscal deficit of Centre and states likely to be at 12% of GDP: DBSIn the case of the Centre, the fiscal gap will increase by 200 bps as earlier this month it hiked market borrowings by a whopping Rs 4.2 la...
CAG finds fault with Telangana government on poor management of finances"The state registered revenue surplus of Rs 238 crore during 2015-16. It is overstated due to mis-classification of grants-in-aid (Rs 151 c...
- Bihar government defends fiscal management policies
The Bihar government today said the state has been revenue surplus for the past seven years, even as the Opposition termed the 2013-14 budg...
- Orissa FM presents Rs 66092 cr budget in the Assembly
Orissa finance minister, Prafulla Chandra Ghadei on Tuesday presented the Rs 66092 crore budgets in the state assembly here for the year 20...
- States want relaxation in fiscal deficit rule to stay
States on Wednesday asked the centre to continue the relaxation in meeting the fiscal deficit target in the next financial year as well.
- Borrowing window for states opened wider
States will now be able to borrow an additional Rs 21,000 crore in the current financial year to fund infrastructure projects.
- Centre eases debt rules for states to raise Rs 30,000 crore
The government has relaxed the debt relief guidelines for states to help them borrow an additional Rs 30,000 crore from the market for capi...
- Govt relaxes norms allowing states to borrow Rs 30,000 cr more
Operationalising the second stimulus package to boost the economy, the government today relaxed the debt relief guidelines allowing states ...