Search For "fiscal responsibility and budget management frbm"
India progressed on fiscal consolidation, however concerns remain at certa
Updated : 4 months ago IST
"Our deficit has only fallen with time, so there is consolidation. However, there is some degree of concern when it comes to the state deficits. There is a need to look at why some states are moving away from the Fiscal Responsibility and Budget Management (FRBM) or the kind of gains they ha
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States' fiscal health has improved from sharp pandemic-induced deteriorati
Updated : 3 years, 4 months ago IST
The report said that gross fiscal deficit (GFD) is budgeted to decline from 4.1 per cent of gross domestic product (GDP) in 2020-21 to 3.4 per cent in 2022-23.
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India's debt to GDP ratio may rise to 87.6 pc: SBI Ecowrap
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 20 (ANI): India's debt to gross domestic product (GDP) ratio could climb to 87.6 per cent this fiscal, up from 72.2 per cent last year, due to a collapsing GDP and consequently higher borrowings, according to a research note by SBI Ecowrap released on Monda
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Punjab Cabinet amends FRBM Act for Rs 928 crore additional borrowing
Updated : 6 years, 3 months ago IST
Chandigarh (Punjab) [India], Mar 2 (ANI): The Punjab Cabinet on Monday decided to amend the Punjab Fiscal Responsibility and Budget Management (FRBM) Act, 2003, to allow the state to make additional borrowing of Rs. 928 crore in 2019-20, over and above its net borrowing ceiling of 3 per cent
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Budget 2019: Centre to improve expenditure efficiency, improve tax collect
Updated : 7 years, 3 months ago IST
New Delhi [India], Feb 1 (ANI): The Central government will focus on improving expenditure efficiency and improve tax collections to ensure that the economy moves back to the fiscal deficit path as mentioned in the Fiscal Responsibility and Budget Management (FRBM) Act, Finance Minister Piyu
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FRBM Committee present report to Arun Jaitley
Updated : 8 years, 9 months ago IST
New Delhi [India], Jan. 23 (ANI):The Fiscal Responsibility and Budget Management (FRBM) Committee, headed by N.K. Singh, former Revenue and Expenditure Secretary and former Member of Parliament, presented its report to the Union Finance Minister Arun Jaitley on Monday in his office in North
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