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STATE FISCAL PRUDENCE
8th Pay Commission: Key deadline ends today; why this step is important for central government employees’ salary hikeCentral government departments must submit pay revision data for the 8th Pay Commission by today, June 30, 2026. Submissions are strictly o...- West Bengal budget is 'expansionary' and seeks to revitalise the state's economy: State FM Swapan DasguptaThe first state budget presented by the new BJP government in West Bengal combines a push for industrial revival with continued focus on we...
- Assam govt aims 20% cut in fuel cost, 10% down in revenue expense as part of austerity measuresAssam government has announced austerity measures to boost fiscal prudence. Fuel expenditure will be cut by 20 per cent. Minister and offic...
- Assam austerity drive: Inter-district movement of CAPF/Assam Police to be restrictedAssam government is implementing austerity measures to combat the global energy crisis. New vehicle purchases have been banned for six mont...
- Observe and shock absorb: To ride out this oil crisis, focus should be on well-targeted support, not broad price suppressionIndia is navigating a critical oil import challenge. The government's approach of keeping fuel prices steady faces fiscal and equity questi...
- India taking concrete measures to shield supply chains amid West Asia crisis: Rajnath SinghAmidst the turmoil in West Asia, India is stepping up its efforts to secure vital supply chains and ensure a steady energy supply for its c...
- India has 60 days of crude oil, 60 days of Natural Gas & 45 days of LPG rolling stock: CentreIndia is launching a national mission to conserve fuel amid global energy market turmoil. The government assures citizens of robust energy ...
- Govt plans to stick to budgeted capex, exit non-strategic areasIndia plans to keep its capital spending high in FY27 to support economic growth. Officials stated the government will continue its planned...
- Odisha tops the list of achievers on the Fiscal Health Index 2025Odisha leads the Fiscal Health Index 2025 among Indian states, followed by Chhattisgarh, Goa, Jharkhand, and Gujarat. The ranking, announce...
- Union Budget 2025-26: CII urges Centre to stick to fiscal deficit target of 4.9% of GDPThe Confederation of Indian Industry (CII) has advised the Indian government against setting overly ambitious fiscal deficit targets for th...
- Budget 2025: CII urges govt to stick to fiscal deficit targetThe Confederation of Indian Industry (CII) advises the Indian government to maintain a fiscal deficit target of 4.9% of GDP for 2024-25 and...
- Centre may offer financial aid to boost NPS returns"The idea is to sweeten the deal for NPS subscribers," the official said, adding that a minimum return could be assured to investors and th...
- Some parties object to talk on state finances at Lanka meetA total of 28 political parties participated in the meeting in Parliament annexe, where the government fielded eight union ministers to con...
- FM’s announcements: Demand has to convert into purchasesI am now increasingly of the view that the government actually needs to spend, says Saugata Bhattacharya
- Get Fiscally fit to sustain growth, RBI tells statesFiscal positions of states is becoming a point of worry for monetary policy committee as they continue to splurge on doles even though the ...
- No material impact of slippage in fiscal deficit: Moody'sThe govt has revised its 2018-19 fiscal deficit projections to 3.3% of GDP and for the current fiscal to 3.5% of GDP, against original targ...
- States be given more leeway to meet deficit targets: FRBM panelFor states, the FRBM panel has suggested a fiscal deficit glide path of 0.16 per cent per annum over a period of eight years.
- Budget 2014: Aim for 7-8% GDP growth in 3-4 years, says Arun Jaitley"The steps I will announce are only a beginning towards 7-8% growth to be achieved in the next few years," FM Jaitley said.
- Budget 2014: Fiscal deficit target for 2015-2016 set at 3.6%, says Arun Jaitley"We need to introduce fiscal prudence. Fiscal prudence is of paramount importance. We cannot leave behind a legacy of debt," Jaitley stress...
- Budget 2014: We shall leave no stone unturned in creating a vibrant India, says Arun Jaitley"The steps I will announce are only a beginning towards 7-8% growth to be achieved in the next few years," FM Jaitley said.
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