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About 31 results for "frbm"

Invoke escape clause under FRBM, says former RBI deputy governor Rakesh Mohan as he warns of huge fiscal cost
Economic Times

Invoke escape clause under FRBM, says former RBI deputy govern...

He called for invoking of the escape clause which allows the government extra room for spending. The government had earlier invoked this clause to relax the fiscal deficit target for FY20 from 3.3 per cent to 3.8 per cent. ET Online | Last Updated: Apr 06, ... Economic Times, 1 hour ago

7 images for frbm

Economic Times, 1 hour ago
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Economic Times, 3 days ago
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Money Control, 1 month ago
Times of India, 1 month ago
Economic Times, 1 month ago
Economic Times

States want FRBM limit raised to 4%

CMs seek relaxation in state fiscal deficit limit to deal with additional spending, revenue fall due to Covid-19. Under the fiscal responsibility and budget management (FRBM) act, the states are mandated to keep their fiscal deficit under 3% of their ...
 Economic Times3 days ago
Times of India

FRBM not breached in the Budget, says Sitharaman

Soon information is going to go completely invisible: CEO of Samsung STAR Labs
 Hindu Business Line1 month ago FRBM not breached in the Union Budget: Sitharaman  Times of India1 month ago Taking cue from FRBM Act, FM tinkers with fiscal math  Hindu Business Line2 months ago Budget hikes food subsidy, but cuts it for fertilisers  Rediff.com2 months ago

Telangana’s debt is within FRBM limits: Minister

The public debt and borrowing of the Telangana government is within the limits of the Fiscal Responsibility and Budget Management (FRBM) Act, T Harish
 Hindu Business Line3 weeks ago
Rediff.com

Govt ups fiscal deficit target to 3.8% for FY20

The government has utilised 'escape clause' under the FRBM Act which provides it leeway for relaxation of fiscal deficit roadmap during time of stress. Illustration: Uttam Ghosh/Rediff.com The government on Saturday raised fiscal deficit target to 3.8 per cent of the GDP from 3.3 per cent pegged earlier for 2019-20 due to revenue shortage. "We estimate a fiscal deficit of 3.8 per cent in RE (revised estimate) 2019-20 and 3.5 per cent for BE (budget estimate) 2020-21.   This estimation is ...
 Rediff.com2 months ago Not a full thali, only morsels for everyone  Hindu Business Line2 months ago Fiscal deficit target raised to 3.8 per cent from 3.3 per cent for FY20  Economic Times2 months ago Budget Unlikely To Have Much Inflationary Impact: Shaktikanta Das  NDTV1 month ago
Economic Times

Punjab to amend FRBM to raise Rs 928 crore in FY20

In order to provide relief to the states on account of lower tax devolution during 2019-20, and in view of the hardships being faced by them in managing their finances, the Government of India had earlier decided to allow additional borrowing of Rs. 58843 ...
 Economic Times1 month ago
Money Control

Montek Singh Ahluwalia calls for rewriting of FRBM Act, PPP law to tap finances

Ahluwalia was addressing a workshop organised by the finance department of Madhya Pradesh on #39;Alternative Finance for Projects#39; at the Minto Hall here.
 Money Control1 month ago
Rediff.com

Govt seek's Parliament nod to spend Rs 54,000 cr more

The government on Friday sought Parliament’s nod for an additional Rs 54,000-crore spending mainly to meet its obligation towards GST compensation to states and defence-related expenditure.  IMAGE: Union Minister of State for Finance Anurag Thakur. Minister of State for Finance Anurag Thakur presented the second and final batch of supplementary demands for grants in the Lok Sabha.  It sought authorisation for gross additional expenditure of Rs 4.8 lakh crore.  "Of this, ...
 Rediff.com1 month ago
Rediff.com

What the economy needs: Painful medium-term steps

'Even without major reforms, with a business as usual scenario, and with current inflation trends, we should be clocking around 11 to 12 per cent nominal growth.''That is not happening and is a source of worry,' Rathin Roy tells Arup Roychoudhury.Illustration: Dominic Xavier/Rediff.com   The call to Rathin Roy to set up this lunch leads to a fervent discussion on the futility of going to overpriced eateries in central Delhi, especially when there are so many state government bhawans and ...
 Rediff.com1 month ago
Economic Times

Finance panel to discuss centre, states' Fiscal Responsibility and Budget Management

An official statement said the meeting will focus on issues of the final report for 2021-26. The Commission has to submit the report to the government by October 30. The states have been asking for an escape clause similar to what was provided to the Centre ...
 Economic Times1 month ago
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