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'Kerala may have suffered losses of around Rs 20,000 crore'

‘Last year we had drought and this year flood. How prepared are we to face that?’ IMAGE: A man cleans up his house after flood waters subsided in Chengannur district of Kerala.......

'TDP fell into YSR Congress' political trap'

'The TDP walking out of the NDA is a victory for the YSRCP.''The YSRCP wanted it to happen so that it would help them in coming elections.' IMAGE: Vice-President Muppavarapu Venkaiah Naidu with......

Karnataka waives crop loan up to Rs 50,000 per farmer

Facing mounting pressure from farmers and opposition parties, the Karnataka government on Wednesday announced crop loan waiver of up to Rs 50,000 per farmer, that will cost Rs 8,165......

Covid will have long-term effect on economy

'The finance ministry's decision to accept the deficit target of 4.5 per cent in 2025-2026 appears to have emanated from its endorsement of the Finance Commission's view that the Indian economy......

Going easy on loans: FM brings transparency in off-budget borrowings

Sitharaman does away with loans from National Small Savings Fund to Food Corporation of India. Illustration: Dominic Xavier/Rediff.com The government has brought further transparency in the fiscal......

15th Fin Comm keeps tax devolution to states at 42%

The 15th Finance Commission has recommended that the states be given 42 per cent of the divisible tax pool of the Centre during the period 2021-22 to 2025-26. Illustration: Uttam Ghosh/Rediff.com......

Growth leads to debt sustainability, says Economic Survey

Making a case for an optimal fiscal stance, the Economic Survey on Friday said growth leads to debt sustainability and not necessarily vice-versa. Illustration: Uttam Ghosh/Rediff.com "This is......

Budget 2021: Govt may target fiscal deficit at 4% of GDP by 2025-26

To enable widen the fiscal deficit beyond the permissible limit under the present legislation, the government may have to propose amendment to the FRBM Act in the Finance Bill. Illustration:......
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Covid will have long-term effect on economy

'The finance ministry's decision to accept the deficit target of 4.5 per cent in 2025-2026 appears to have emanated from its endorsement of the... ...

http://www.rediff.com/money/column/covid-will-have-long-term-effect-on-economy/20210323.htm

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