Fiscal Responsibility And Budget Management Act

Budget 2018: Govt breaches fiscal deficit target of 3.2% for FY18, pegs it higher at 3.5%: Arun Jaitley

The fiscal deficit target has been fixed at 3.3 percent for 2018-19 as against Fiscal Responsibility and Budget Management Act target of 3 percent

A fairly routine Budget, says former RBI Governor C Rangarajan

New Delhi: Describing the Union Budget for 2017-18 as "a fairly routine Budget", former RBI Governor C Rangarajan on Wednesday said changing the road map to reach the fiscal deficit target of 3 per cent over the year will make a mockery of the Fiscal Responsibility and Budget Management (FRBM) Act.

Andhra Pradesh CM Chandrababu Naidu urges Centre to relax FRBM norms, seeks more borrowings

Andhra Pradesh Chief Minister N Chandrababu Naidu urged the Centre to relax the limit set by the Fiscal Responsibility and Budget Management (FRBM) Act.