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Medium Term Fiscal Policy Cum Fiscal Policy Strategy Statement

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  News for Medium Term Fiscal Policy Cum Fiscal Policy Strategy Statement

  • Business

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......

Budget 2021: Experts waiting for a debt management road map

There are various estimates of India’s debt to GDP ratio, but the consensus is that that it would be over 80 per cent at the end of the current fiscal year. Illustration: Uttam......

Budget must provide a realistic road map

'But can it afford to present a scenario within the existing legal framework of fiscal consolidation?', asks A K Bhattacharya. Illustration: Dominic Xavier/Rediff.com   Taxation and spending......

FRBM Act may be tweaked as escape clause not valid, say economists

If the government cuts wasteful expenditure as it is trying now, the deficit would at most fall to 8 per cent, not less than that. Illustration: Dominic Xavier/Rediff.com It is now certain that......

Will there be less account engineering?

The fiscal deficit target for 2020-2021 was originally set at 3.5 per cent of GDP. But the government's revenues have collapsed and its expenditure burden will only increase over the Budget......

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