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FISCAL RECTITUDE
Budget 2024: A picture of growth, welfare and fiscal rectitudeThe Budget also demonstrates the government’s focus on fiscal consolidation, with a reduction in the fiscal deficit to 5.8% for FY24 vs. a ...- Sunny side up for FY2023 at 7.2%Economic growth surprised on the upside in 2022-23, buoyed by momentum in the last quarter of the year. At 7.2%, India remains the fastest-...
- Fiscal efficacy helps meet deficit target of 6.4% for 2022-23Continuing efficiency gains in expenditure can lead to outsized results. The government has made considerable progress by subsuming the fre...
- No space to dodge the fiscal bulletFiscal support for the health and jobs crisis is still indispensable, and a secular decline in global interest rates since the global finan...
- Countries need to focus on fiscal forbearance amid pandemic, says NK Singh“In the context of the pandemic, we need to focus not on fiscal rectitude but on fiscal forbearance. Fiscal norms designed for normal times...
- Govt should cut back or delay less important expenditure: Raghuram RajanCoronavirus cases in India rose to 4,281 as of Monday evening, as per Ministry of Health.
- Set up 'fiscal council' for better economic decision-making: Rathin RoyThe economist also explained the structural roots of India's fiscal and revenue deficits, in a talk organised by the Central Vigilance Comm...
- View: Budget 2018 will be about maintaining balance between indirect tax rates and fiscal rectitudeAvailable data signals that GoI’s indirect tax revenues will undershoot last year’s budget estimates if one strips off IGST collections tha...
- Farm loan waivers risk fiscal slippages, inflation: RBI"The risk of fiscal slippages, which by and large can entail inflationary spillovers, has risen with the announcements of large farm loan w...
- Lower govt borrowings to help bond market: Sebi officialThe Sebi member said traditionally in India, government securities had been treated as the only high quality liquid asset (HQLA).
- Budget’s TEC theme will aid in economic revivalWhile the Budget strikes a balance between supporting consumption and kick-starting investments, it does not lose focus on fiscal rectitude
- RBI sees economy growing at 7.4% in FY16; above World Bank projectionThe 6th Bimonthly Monetary Policy Statement, 2015-16, announced by RBI Governor Raghuram Rajan has pegged the growth to quicken to 7.6% in ...
- Low inflation, fiscal discipline must for cheaper capital: Urjit Patel, deputy governor, RBIUrjit Patel said that a sustained low inflation and a 'credible programme of fiscal rectitude' by the government are crucial to lowering co...
- CAD to be around 1.5% of GDP this fiscal: RBIRBI Deputy Governor Urjit Patel today said the central bank expects Current Account Deficit (CAD) around 1.5% of GDP in the current fiscal.
- Cautious RBI backs government on fiscal deficitThe government welcomed the rate cut saying EMIs for loans will ease and the easing of rates will add a near-term boost to the economy.
- Budget 2015: Beyond infrastructure, there is nothing new other sectors, says Saurabh MukherjeaThe one negative surprise was the FM’s indication that all exemptions from the standard corporate tax rate will gradually be phased out fro...
- Budget 2014: Finance Minister Arun Jaitley for controlling fiscal deficit through expansion of economyJaitely was replying to a lawmaker question on the measures being planned by the government to reduce the country's fiscal deficit.
- Arun Jaitley underlines need to contain inflation, boost growthIndia's economic growth stayed below 5% for the second year in a row at 4.7 % in 2013-14, mainly due to decline in manufacturing and mining...
- Fiscal magic in India’s high growthOne day after the Budget, it has become conventional wisdom with the commentariat that finance minister Pranab Mukherjee has luck to thank ...
- No one is afraid of fiscal responsibilityTHE ECONOMY hits, while trundling downhill, a stumbling block in the shape of an irresponsible report of the parliamentary standing committ...
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