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Feb 02, 2020
Budget 2020-21: Revenue projections unrealistic, quality of spending worrying in Nirmala Sitharaman's fiscal roadmapIn 2018-19, gross tax revenue was estimated at Rs 22.7 lakh crore; the actual collections were Rs 20.8 lakh crore – 9 percent less.
Dec 30, 2019
Indian economy likely to rebound in 2020 on measures taken by govt, RBI: CIICII believes that with the sharp moderation in growth, the time has come to adopt an expansionary fiscal policy
Jul 08, 2019
Govt duty-bound to achieve fiscal deficit of 3% as per law, says Finance Minister Nirmala SitharamanIn the Budget presented on Friday, the government lowered the fiscal deficit target to 3.3% of the GDP for 2019-20
Jun 06, 2019
RBI monetary policy: Changes in rates may not spur investment; govt needs to ascertain causes of stagnationFurther, fuel inflation has been increasing and the assumption made by the RBI here is that oil prices are unlikely to increase in the next couple of months.
Apr 08, 2019
BJP manifesto: Continuity for sure, but some goals are aspirational; where will the money come from?The BJP manifesto promises continuity which is assuring as there will be more of the same with certain toppings directed to the poorer sections.
Mar 28, 2019
Minimum income support scheme can be realised by cutting other doles: Former RBI Governor YV ReddyIt would be difficult for state governments to implement a similar scheme as they largely depend on the Centre for finance and borrowing limit, Reddy said
Mar 08, 2019
New projects investment unlikely to revive in FY20 though stress in corporate sector has 'plateaued': ReportFor FY20, there will not be a major improvement in the liquidity positions and working capital for a majority of corporates, even as some sectors like metals and steel can witness some improvement
Feb 20, 2019
YV Reddy’s warning on farm doles: Biggest enemy of Indian farmer is the power-hungry politician flashing freebiesReddy even pitched for an alternative for farm sector freebies in the form of an agricultural distress fund contributed by both the states and Centre, rather than the ongoing measure of arbitrary scheme announcements.
Feb 15, 2019
Economic growth may accelerate to 7.5% in 2019-20 from 7.2% in current fiscal, says CEA KV SubramanianThe Budget pegs fiscal deficit to be at 3.4 percent of the GDP for 2019-20.
Feb 06, 2019
Expecting only govt to push GDP growth would be antithesis to capital set-up, private sector should also spend on capexThe government appears to be the only entity driving the investment cycle and all data on investment gets linked to these efforts.