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SUBSIDIES AND COMMITTED EXPENDITURE
States' expenditure rises 131% in 10 yrs on welfare, development: CAG ReportStates' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the la...- Fiscal stress deepens across states as all 28 post deficits in FY25: CAG reportIndia's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liab...
- Is India's economic growth real? Raghuram Rajan says something is offFormer RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign...
- West Asia crisis: Why India needs a fertiliser security strategyIndia’s fertiliser security is deeply tied to global supply chains. The country imports 60% of its DAP requirement, remains fully dependent...
- Arvind Panagariya on what RBI transfer of ₹2.87 lakh cr surplus to govt means for Indian economyThe Reserve Bank of India's record ₹2.87 lakh crore dividend transfer offers crucial fiscal support amid global economic turbulence. This s...
- Fertiliser subsidy may surpass budgeted estimates by Rs 70k crIndia imports over 80% of its DAP requirements and for urea domestic production covers only 30-35% of total demand. India is among top fert...
- Govt extends subsidy scheme for companies flagging merchant ships until FY31India's shipping ministry has extended a vital subsidy scheme for Indian companies flagging merchant ships. This initiative will now run un...
- Spicier than jhalmuri: The Rs 1.7 lakh crore fiscal bite hidden in state election resultsWhat looked like a light-hearted campaign moment during PM Narendra Modi’s West Bengal trail has now turned into a major fiscal concern aft...
- Tax-free allowances rise, so do employer costs: The salary structuring dilemma under the Social Security CodeEnhanced tax-free allowances under the Income-Tax Rules, 2026 can improve employees’ take-home pay. However, the expanded definition of “wa...
- Betting big on Amaravati: Execution, funding and a real trust test aheadThe Andhra Pradesh Reorganisation (Amendment) Act 2026 has formally settled Amaravati as the state’s capital, ending years of political unc...
- How states spend: Rising costs, growing deficits, need for efficient spendingOver the past decade, India’s states have seen revenue expenditure outpace revenue growth, widening deficits. Efficient, outcome-based spen...
- How does the interim Budget connect to the bigger theme for investors?Budget time is an occasion for political rhetoric and every administration capitalizes on it to the hilt. As to be expected, much of the Bu...
- RBI flags states' rising subsidies, says will hinder spending on developmentThe central bank has said that the rising expenditure on non-merit subsidies may raise the share of committed expenditure in states' spendi...
- Government may table Bimal Jalan panel report in Parliament next weekThe Commission, headed by former RBI Governor Bimal Jalan in the final report, has favoured expenditure reform and rationalisation rather t...
- Centre understated subsidy bill by Rs 44,941 crore in FY15: CAGWhile calculating the subsidy, the CAG has excluded the expenditure during the last quarter of the year assuming that the government receiv...
- Macros improving, interest rates will come down, says Arun JaitleyGDP has improved from 6.9 per cent in 2013-14 to 7.3 per cent in 2014-15. It's expected to be 8-8.5 per cent in the current financial year.
- Brokerages expect Budget to stay firm on fiscal consolidationSome economists have been advocating that the government should loosen the fiscal stance and move away from consolidation.
- We maintain Baa3 rating on India post budget: Atsi Sheth, Moody'sThe budget quite realistic and so it is in keeping with the stable outlook on the Baa3 rating on India, says Atsi Sheth, Moody's.
- Budget was in line with expectations: Atsi Sheth, Moody’sIn an interview with ET Now, Atsi Sheth, VP-Sovereign Risk Group, Moody’s, talks about the Union Budget 2013 and what can be expected in th...
- Subsidy must be rationalised: SurveyGovernment must rationalise the subsidy regime even though drought has played the spoilsport in efforts to contain expenditure on subsidies...
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