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FISCAL CONSOLIDATION ROADMAP
One-time UPS allocation won't have big impact on fiscal mathThe Unified Pension Scheme (UPS) introduced increases government contributions to 18.5% from 14%, potentially causing a fiscal rise by abou...
Sitharaman to rating agencies after Budget: India is not just adhering to, but bettering its fiscal roadmapUnion finance minister Nirmala Sitharaman announced on Thursday that the government is not only aligning with the previously set fiscal con...
RBI Governor Das says centre sticking to fiscal consolidation roadmap, no 'major problem' with govt financesRBI Governor Shaktikanta Das on Friday said that the government is sticking to its fiscal consolidation roadmap with no major problems or w...
15th Finance Commission to lay out roadmap till FY26The meeting takes place at a time when the government is facing an extraordinary fiscal constraint due to the Covid-19 pandemic. The meetin...
15th Finance Commission constitutes committee to review fiscal consolidation roadmapThe committee, to be headed by chairman of the FC, NK Singh, will recommend a debt and fiscal consolidation roadmap for FY21-FY25 for the c...
Budget 2020: Can government afford to miss its fiscal deficit target?A number of experts have revised their fiscal deficit target for current fiscal. Fitch has raised the fiscal deficit target to 3.6 per cent...
'Government may not alter fiscal consolidation targets in budget'Though analysts are opining that the government may relax the fiscal consolidation roadmap targets, Deutsche Bank says it may stick to curt...
Change in fiscal consolidation roadmap to hurt investor sentiment: UBS reportWhile the government can use the fiscal push to revive growth, the quality of government spending (investment vs consumption) matters more,...
RBI policy broadly in line with market expectations: Finance MinistryRBI Governor Raghuram Rajan also said if the Budget makes enough structural reforms to boost growth, the central bank could chip in with ch...
Will stick to fiscal consolidation roadmap in Budget: Finance MinistryGovernment said it will stick to its fiscal consolidation roadmap without compromising on development spending and expenditure budgeted for...
Government should relax on fiscal gap, keep it at 3.9%: BofAMLGovernment should relax the fiscal consolidation roadmap in the face of challenge posed by the 7th Pay Commission by budgeting for a wider ...
Does the 7th Pay Commission report trade investment revival for a consumption boost?If the government sticks to the fiscal consolidation roadmap, the payout may have to be funded by cutting spending elsewhere.
7th Pay Commission award: Rating agencies sound a warning on fiscal targetsThe current fiscal consolidation roadmap sees the fiscal deficit declining to a sustainable 3% of GDP by 2017-18, a year later than the tar...
Budget 2015: Rating firms flay fiscal consolidation delay; rule out upgradeIt can be noted that a majority of the major international rating agencies have warned the country about the high fiscal deficit in the pas...
Finance Ministry to unveil fiscal consolidation roadmap within a month"FRBM regulations will be amended. The FM is looking at it and the announcement will be made within a month," DEA Secy Arvind Mayaram said.
- Vijay Kelkar panel likely to submit report by September 7
The Vijay Kelkar committee, appointed by Chidambaram to formulate the fiscal consolidation roadmap, is likely to submit its report by Frida...
- RBI advises govt to stick to fiscal consolidation road-map
With public finances coming under coming under pressure, the Reserve Bank has advised the government to stick to the road-map of fiscal con...