Government Spending

This is what Narendra Modi govt needs to do to make India a $5-trillion economy

According to a World Bank report, government spending as a percentage of GDP has averaged at 10.29 percent between 1960 and 2016.

NITI Aayog's new monitoring framework a game changer for ministries, says expenditure secretary

There is some monitoring of large infrastructure projects, but that happens with a lag.

US shutdown ends: A history of US government impasses in the last two decades

Here's a look at recent US government shutdowns, their causes and impact.

Economic slowdown: Investment unlikely to pick up before FY20 even if govt spends more, says report

Despite the higher govt spending due to incremental revenues on account of GST, we believe govt spending alone will have limited ability to revive the overall investment cycle unless there is a revival in corporate capex performance, India Ratings said.

GDP decline: Economy needs tariff cuts, weaker rupee not govt spending boost, says Arvind Panagariya

Arun Jaitley last Wednesday had said the government is considering additional measures to bolster the economy without giving details on the likely steps

GDP decline: Fiscal stimulus is already on, why doesn’t the govt try lowering taxes?

Fiscal stimuli flatter to deceive. It does help in pushing up economic growth initially, but ends up creating more problems

Cement consumption to outpace supply in next 3 fiscals as govt's thrust on infra spending to boost growth: Crisil

Incremental demand for cement is seen doubling to 48 million tonne (MT), but incremental supply is seen moderating by a fifth to 31 MT from 39 MT

IIP at 3.1%, CPI down to 2.18%: Why the data is egg on face of RBI, rate panel

A closer look at the January-March GDP numbers show that except for government spending and growth in agriculture (thanks to good rains last year), no major segments showed any promise

Corruption uncovered: Kenya auditor exposes government misspending

Only one percent of Kenyan government spending can be properly accounted for, according to a report by the country's auditor-general released just days after US President Barack Obama warned corruption was holding the country back.

No splurging please: FinMin asks depts to avoid spending rush in Jan-March quarter

The letter said that restriction of 33 percent and 15 percent expenditure ceilings in the last quarter of the current financial year and during the month of March respectively is to be strictly adhered to.