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About 4 results for "abhishek waghmare"

Explained in Charts: How AAP smartly managed Delhi's finances

Explained in Charts: How AAP smartly managed Delhi's finances

The size of Delhi's Budget is close to Rs 55,000 crore, or about 6 per cent of its gross state domestic product (GSDP). What set the state apart is that in the last decade, its fiscal deficit hardly crossed 1 per cent of GSDP, while many other states grappled to contain it within 3 per cent. This was largely possible due to the revenue surplus position, reports Abhishek Waghmare. IMAGE: Delhi Lt Governor Anil Baijal greets Arvind Kejriwal after he took oath as the chief minister of Delhi on ..., 1 day ago

Budget numbers in graphs shows Sitharaman's fiscal maths gone awry

The impact of economic slump was visible in the Budget’s fine print, as this step-by-step explanation show how the Budget math was worked out, reports Abhishek Waghmare. IMAGE: Finance Minister Nirmala Sitharaman and Minister of State for Finance Anurag Thakur arrive in Parliament to present the Union Budget, in New Delhi on February 1, 2020. Photograph: ANI Photo Finance minister Nirmala Sitharaman presented an ambitious Budget for 2020-21 last weekend, but the impact of economic slump ...
 Rediff.com2 weeks ago

Promised GST revenue to states may get trimmed

If the protected growth in GST revenue is reduced to 10 per cent, the Centre would save more than Rs 25,000 crore in 2020-21 if none of the states show any revenue growth. This would nearly amount to 0.1 per cent of the gross fiscal deficit and help the government in avoiding fiscal slippage to some extent in subsequent years. Abhishek Waghmare reports. Photograph: PTI Photo The annual growth in Goods and Services Tax (GST) revenue promised to states under the GST law could be slashed to ...
 Rediff.com2 months ago

Explained in Charts: Indian economy loses sheen

Only one of the three drivers of the economy has performed in the way it should: government spending grew at 15.6 per cent, reports Abhishek Waghmare. Illustration: Uttam Ghosh/ The National Statistics Office data paints a grim picture of the economy. Nominal growth in the economy slumped to a multi-decade low of 6.1 per cent in Q2 FY20. It had stood its ground even in the aftermath of demonetisation and the goods and services tax (GST) roll-out (Chart 1). The September quarter ...
 Rediff.com2 months ago
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