Plan Expenditure

Finance ministry mulling abolishing plan, non-plan expenditure: Watal

Watal, who is also the expenditure secretary, said it was necessary for Centre and States to work in tandem for better public expenditure management and fiscal consolidation.

Budget 2015: FM may cut social spending allocation to give states more say in them

Finance Minister in Budget 2015 is expected to incorporate Finance Commission's recommendations and cut government allocation for social sector spending by 25-30 percent.

Plan expenditure may be axed to rein in fiscal deficit at 4.8%

Planning Commission deputy chairman Montek Singh Ahluwalia on Saturday said that the government is looking to trim plan expenditure this year to ensure that fiscal deficit is reined in at 4.8% of GDP.The move may, however, pull down GDP growth, which fell to a four-year low of 4.4 percent in the quarter ended June 2013.<br /><br />

Budget: PM favours FM over Montek on plan expenditure

Is Ahluwalia slowly losing his prime his tag as the PM's most trusted advisor to Chidambaram?

To rein in deficit, FM is cutting muscle not fat

Chidamabram is cutting the productive expenditure. And the move comes at a time when growth is faltering and companies have had a not-so-rosy earnings season. Analysts and economists do not expect the situation to be any different in the next two quarters at leas