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Spending cuts

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Roads before welfare: Modi govt faces dissent over spending shakeup

May 19, 2015

Roads before welfare: Modi govt faces dissent over spending shakeup

As Prime Minister Narendra Modi completes one year in office, his cuts in federal welfare spending on the poorest of India's 1.25 billion people are coming in for sharp criticism, including from within his cabinet. #Narendra Modi #Education #Haryana #spending #Spending cuts #Jayant Sinha #Niti Aayog
FM Jaitley hints at more spending cuts to reign in fiscal deficit

Feb 06, 2015

FM Jaitley hints at more spending cuts to reign in fiscal deficit

Finance Minister Arun Jaitley today hinted at more cuts in spending so as to contain it within limits for the current fiscal, saying he does not believe in living on borrowed money. #fiscal deficit #Arun Jaitley #FM #Public Investment #Budget2015 #Spending Cut
Obama dials down the budget blame in new tack on deficit fight

Mar 09, 2013

Obama dials down the budget blame in new tack on deficit fight

Turning away from the sharp rhetoric he has used in recent weeks to blame Republicans for $85 billion in government spending cuts that took effect March 1, Obama this week highlighted how he is working with lawmakers in Congress. #Barack Obama #NewsTracker #fiscal deficit #budget cuts #Spending cuts
US spending cuts likely to hit global economy

Mar 01, 2013

US spending cuts likely to hit global economy

Politicians and economists in Washington argue over just how badly the cuts will harm the still-weak American economic recovery, but conservative estimates forecast a half-percent dip in the US gross domestic product this year. #China #Barack Obama #ConnectTheDots #Europe #Global economy #US Spending cuts
Jindal, Haley lead charge against Obama over spending cuts

Feb 26, 2013

Jindal, Haley lead charge against Obama over spending cuts

"The president needs to stop campaigning, stop trying to scare the American people, stop trying to scare states," said Bobby Jindal. #Barack Obama #US #Bobby Jindal #NewsTracker #Nikki Haley #Spending cuts
Budget 2013 Colleagues oppose FM's spending cut plans

Feb 14, 2013

Budget 2013 Colleagues oppose FM's spending cut plans

The latest to join the bandwagon of protesting ministers is Planning Commission head Montek Singh Ahluwalia since the burden of fiscal consolidation has largely fallen on plan expenditure, which is likely to be trimmed by around Rs 1 lakh crore in financial year 2013. #WhyNow #Jairam Ramesh #Planning Commission #Montek Singh Ahluwalia #Chidambaram #Spending cuts
Govt sitting on surplus cash, may borrow less in new fiscal

Feb 12, 2013

Govt sitting on surplus cash, may borrow less in new fiscal

New Delhi has built up a cash surplus of about Rs 80000 crore as a result of Finance Minister P. Chidambaram's deep spending cuts to keep the fiscal deficit down at 5.3 percent of gross domestic product this fiscal year. #fiscal deficit #Chidambaram #Budget2013 #government borrowing #Spending cuts
Budget 2013 FM plans spending cuts of Rs 1.1 lakh cr to reign in deficit

Jan 31, 2013

Budget 2013 FM plans spending cuts of Rs 1.1 lakh cr to reign in deficit

However Chidambaram's cuts on welfare and defence mainly affect capital investment and he has avoided attacking government wage bills and subsidy spending known as non-plan expenditure. #Defence #Chidambaram #Welfare #Budget2013 #expenditure #Spending cuts
Fiscal cliff: Obama raises taxes for wealthiest Americans

Jan 02, 2013

Fiscal cliff: Obama raises taxes for wealthiest Americans

Supporters of the bill in both parties expressed regret that the bill was narrowly drawn, and fell far short of a sweeping plan that combined tax changes and spending cuts to reduce federal deficits. #Obama #US #PolicyWatch #"Fiscal Cliff" #Spending cuts
Obama's re-election will boost $, pressure the rupee

Nov 07, 2012

Obama's re-election will boost $, pressure the rupee

The Obama victory will keep the US dollar strong. That will keep the rupee under pressure #Barack Obama #Smart Money #Dollar-Rupee #"Fiscal Cliff" #Spending cuts #USElections 2012