Legislation on fiscal discipline will not help unless government is ready to bite the bullet, says M Govinda Rao.Given that the council will be appointed by the Finance Ministry and will report to......
Pranab Mukherjee sounded pleased earlier this week when he told a TV interviewer that India's projected fiscal deficit of 6.8 per cent of GDP in 2009-10 was still better than the 11 per cent......
Well, as expected, with lurking scepticism and caution, the first full Budget of the new government was a deft balancing act for broad-basing sustained economic growth, rather than a 'big bang'......
The finance minister faces a formidable challenge of providing additional fiscal stimulus while containing the fiscal deficit. The interim budget estimates the fiscal deficit of the Centre at 5.5......
The government has put forward a proposal to do away with the yearly fiscal deficit target from the next financial year (2010-11). Instead, it wants to fix the target as an average over an economic......
Rationalisation of agricultural policies for high-value products and the overhauling of the foodgrain management system, together with a winding... ...