Government Finances

Wage burden: Why Jaitley shouldn’t repeat Chidambaram’s mistake

Jaitley shouldn’t be obsessed with the fiscal deficit figure alone as happened in the UPA regime

Govt was trying to do a 'rescue act': Chidambaram hits out at critics

On containing fiscal deficit and CAD at the cost of expenditure, Chidambaram said the total spending cut is Rs 75,000 crore out of the total expenditure of Rs 15,90,434 crore which does not have the impact that many imagine would have on the economy.

Chidambaram has screwed the next govt even before it takes over

The only way the next finance minister would be able to meet the fiscal deficit target would be by following Chidambaram's strategy of postponing expenditure

In his swansong budget, Chidambaram will aim for history

The FM will mostly announce minor tax changes like a cut in gold import duty