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About 26 results for "fiscal responsibility and budget mana..."

Committee invites public comments on review of FRBM roadmap
Money Control

Committee invites public comments on review of FRBM roadmap

Comments and suggestions have been sought from stakeholders and general public on the Fiscal Responsibility and Budget Management (FRBM) Act till June 30, the Finance Ministry said today. Money Control, 2 months ago

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United News of India, 1 month ago
Arabstoday.net, 4 days ago
FOXNews.com, 4 days ago
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Yahoo! Singapore, 4 days ago
AgriNigeria.com, 3 days ago
Epoch Times, 2 weeks ago
Federal Register, 3 days ago
Business Standard India, 3 months ago
First Post.com

Andhra Pradesh CM Chandrababu Naidu urges Centre to relax FRBM norms, seeks more borrowings

Andhra Pradesh Chief Minister N Chandrababu Naidu urged the Centre to relax the limit set by the Fiscal Responsibility and Budget Management (FRBM) Act. The post Andhra Pradesh CM Chandrababu Naidu urges Centre to relax FRBM norms, seeks more borrowings ...
 First Post.com1 month ago
Rediff.com

'A time bomb is ticking towards a fiscal crisis in states'

'The Centre cannot absolve itself by simply saying you should borrow only as much as you can repay.' 'The Centre had written off Rs 5,500 crore (Rs 55 billion) for Punjab decades ago, which they had lent to address their (state’s) political crisis.' 'If states are fiscally weak, the country is fiscally weak.' After lending support to the Centre’s Bill for a national goods and services tax, the West Bengal government was told by the Union finance minister in the Lok Sabha that one ...
 Rediff.com3 weeks ago
Rediff.com

Rio state declares financial emergency, requests funding for Olympics

- While the majority of Olympic infrastructure costs have been spread across city, state and federal budgets, with some financing from private companies, the state is responsible for most day-to-day security and health services in Rio. Rio de Janeiro's governor declared a state of financial emergency on Friday and requested federal funds to help fulfill obligations for public services during the Olympics which start on August 5. Emergency measures are needed to avoid "a total collapse in ...
 Rediff.com2 months ago

GST could initially strain fiscal math

The Centre could feel fiscal pressure from the implementation of goods and services tax (GST) in the initial years, as it is required to compensate manufacturing states for the loss of CST, even though there is little hope of corresponding increase in its own ...
 The Financial Chronicle3 weeks ago

Flat profit for RBI in FY16, no increase in dividend

The Reserve Bank of India (RBI) said on Thursday that its board has approved the transfer of Rs 65,876 crore in dividend to the government for 2015-16. There is no increase in dividend payment this year as the amount in the previous year was Rs 65,896 core.
 The Financial Chronicle2 weeks ago
Rediff.com

RBI, govt will work to contain inflation at 4%: Modi

It would also be the last policy of Rajan Dispelling fears that Goods and Services Tax will fuel inflation, Prime Minister Narendra Modi, on Monday, said the government and the Reserve Bank have agreed to maintain an inflation target of 4 per cent. He said the target has been set by a legislation and it would be incumbent on the RBI as well as the officials to see that inflation remains at 4 per cent with a margin of plus or minus 2 per cent. Intervening in a debate on Constitution (122nd ...
 Rediff.com2 weeks ago GST will not fuel inflation, RBI and govt will work to contain it at 4%: PM Modi  DNA2 weeks ago PM Narendra Modi speaks to Times Now's Arnab Goswami: Full transcript  Sify2 months ago

Lok Sabha passes Supplementary Demand for Grants

The Lok Sabha on Thursday passed the Supplementary Demand for Grants by voice vote approving additional government spending of Rs 1.03 lakh crore during the current fiscal even as Finance Minister Arun Jaitley said that in line with the budget commitment, a ...
 Prokerala3 weeks ago LS passes Supplementary Demand for Grants  SME Times3 weeks ago
Rediff.com

How serious is India's NPA problem?

India’s aggregate NPA as a percentage of GDP is far lower than that in Italy, Greece, says says A V Rajwade. Earlier this week, the Centre offered recapitalisation funds of Rs 23,000 crore (rs 230 billion) to public sector banks. The aggregate amount needed to meet Basel III capital would be much higher, partly because, as the Reserve Bank of India’s latest Financial Stability Report evidences, the proportion of non-performing assets (NPA) is much higher for public sector banks ...
 Rediff.com1 month ago
The Financial Chronicle

Centre pushes coastal zones to boost exports

Underlining the critical role of large-scale manufacturing in export-driven growth, the Centre on Wednesday sought the support of state governments for creating coastal economic zones that can come up quickly and exploit world markets. Making a presentation ...
 The Financial Chronicle1 month ago
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