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TWELFTH FINANCE COMMISSION
Arunachal proposes Rs 5 cr investment for tea cultivationUnder the proposed scheme, progressive tea growers would be provided financial assistance Rs one lakh per farmer for cultivating tea in one...
Gujarat, UP, others sought debt relief steps from CentreVarious states including Gujarat and Uttar Pradesh sought debt relief measures from the central government in recent past, Parliament was i...
12th plan yet to be officially printed, but Panel wants states to be ready for mid-term appraisalsIn May this year, Prime Minister Manmohan Singh wrote out the foreword for the Plan document, which ET learns was recently sent to the prin...
- Twelfth five-year plan to target 9 per cent growth
The Planning Commission will aim to achieve an average economic growth of 9% over the Twelfth Five Year Plan (2012-17).
- Coal blocks part of 11th and 12th plan may go unhindered
The Planning Commission has said that steps for ensuring domestic coal production for the Eleventh and Twelfth Plan period should be allowe...
- India, US moot $10-billion infrastructure fund
India and the US are considering a joint $10 billion debt fund to finance infrastructure, as the country looks for over a trillion dollar i...
- Kerala to move court on finance panel terms
Accusing the Thirteenth Finance Commission of constitutional trespass, Kerala plans to challenge in the Supreme Court the panel’s deficit r...
- Growth, subsidy control key to achieving TN’s fiscal targets- Fitch Ratings
Fitch said while the state’s credit quality benefits from its improving fiscal situation, "fiscal profligacy" (untargeted subsidies) withou...
- Plans to set up new IIITs likely to be shelved; Finance min objects
Plans for setting up 20 new Indian Institutes of Information Technology (IIITs) is likely to be shelved with the finance ministry suggestin...
- States turn fiscally prudent
As states succumb to public pressure to follow 6th pay commission, their good work may become a thing of past.
- Fiscal bonus: Incentive for states going green
The state governments that work towards protecting the country’s forest cover are expected to get a special bonus from the coming fiscal.
- Fin panel offers new path to fiscal health
The Finance Commission, which makes recommendations on sharing of tax revenues by the Centre and states, has suggested a new path for fisca...
- 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 ...
- TFC reforms to give state finances a leg-up: Fitch
State governments’ finances are set to improve on the back of reforms initiated by the Twelfth Finance Commission (TFC) and the surrounding...
- Govt plans move to ease debt burden of states
The Centre will evolve a mechanism to address the concerns regarding the debt burden of states in the aftermath of the recommendations of t...
- Rangarajan to head PM's Economic Advisory Council
Renowned economist C Rangarajan, who was the the chairman of the Twelfth Finance Commission, was on Wednesday appointed chairman of Economi...
- Finance panel seeks better deal to states
The Twelfth Finance Commission is of the view that states should get a higher share from the pool of divisible taxes.
- Finance panel suggests review of decentralisation
The Finance Commission on Monday suggested a re-look into the issue of decentralisation in view of the lack of transfer of resources to loc...
- Goa wants divisible pool of central taxes to be raised to 45%
Goa Chief Minister Manohar Parrikar suggested to the Twelfth Finance Commission(TFC) that the divisible pool of central taxes be raised to ...
- Govt to set deficit target
The government is set to specify a target for a reduction in the fiscal deficit in the rules to be framed on the Fiscal Responsibility and ...