Finance Minister Arun Jaitley should not drop the ball on continuing the battle against black money and move towards digital transactions to reduce the preponderance of cash in the economy, says A K Bhattacharya. Image: Former revenue secretary N K Singh presents the report on Fiscal Responsibility and Budget Management to the Union Finance Minister Arun Jaitley in New Delhi on January 23, 2017. Others in the photograph are, from left, Chief Economic Adviser Arvind Subramanian and former ... Rediff.com, 4 weeks ago
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Government looking at cushioning slowdown due to demonetisation with sops and higher outlay for micro, small and medium enterprises, agriculture, and affordable housing. Ahead of what is expected to be a populist Union budget, the Fiscal Responsibility and Budget Management committee, which submitted its report to Union Finance Minister Arun Jaitley on Monday, is said to have provided only small wiggle room to the government to boost spending. The panel is believed to have recommended a fiscal ...Rediff.com, 1 month ago
The NK Singh-led fiscal responsibility and budget management (FRBM) panel might come to the rescue of the Narendra Modi government, which is looking to step up public spending to counter economic slowdown, triggered by demonetisation, but is ...The Financial Chronicle, 1 month ago FRBM panel seeks RBI views, to submit report next month The Financial Chronicle, 1 month ago
The FRBM report, to be submitted on Tuesday, is likely to have ‘excuse clauses’, absolving the government of meeting its fiscal commitments under certain conditions such as war or conflict, global economic meltdowns or natural disasters. The Fiscal Responsibility and Budget Management committee, asked to review the fiscal road map, might finally give its report by Tuesday. However, the report will not be made public till the day of the 2017-18 Union Budget, as its recommendations on ...Rediff.com, 2 months ago
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