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What is Fiscal Policy
Latest Updates on Fiscal Policy
Reserve Bank Governor Shaktikanta Das, in a series of posts on X, on his last day of his six-year term as RBI Governor, also thanked the Finance Minister, various stakeholders and his colleagues
India's swelling urban middle class has been the engine of its growth for far longer than government capex has
These state-specific fiscal vulnerabilities need appropriate policy considerations to enable sustainable fiscal recovery and innovative ways to augment the revenue space
Gourinchas told a news conference on the IMF's latest forecasts that China's fiscal stimulus measures so far lacked detail and therefore were not included in the IMF's China growth outlook
Left-ruled Kerala and AAP-governed Punjab, the states that will take part in the conclave are Tamil Nadu (DMK) and the Congress-ruled states of Karnataka and Telangana
India's post-pandemic fiscal architecture should be anchored in debt and be holistic (encompassing Centre and states), dynamic (responsive to changing macro conditions), and conservative
Total government expenditure during the period was Rs 9.7 trillion, or about 20.4 per cent of the annual goal, lower than the Rs 10.51 trillion in the same period last year
India needs a fiscal road map consistent with the objectives of faster debt reduction
Asian Development Bank keeps FY25 growth projection unchanged at 7%
The ratio of short-term debt to foreign exchange reserves declined to 19.0 per cent at end-March 2024 from 22.2 per cent at end-March 2023
Empowering ward members (WMs) within village councils, who currently lack financial resources and act merely as rubber stamps, is another recommendation
Consumption-based borrowing by the household sector makes investment capital even more expensive
With states expected to push the reforms agenda, a mechanism is needed for assessing their budget data
The dialogue between the Centre and the state must not stop merely because of the pending suit, the court said while stressing on the need to resolve the issue
Within hours of Prime Minister Narendra Modi praising his predecessor Manmohan Singh in the Rajya Sabha, the White Paper criticised almost all aspects of the UPA rule under Singh
According to budget projections, the fiscal deficit for the upcoming financial year (2025) will narrow to 5.1 per cent and GDP growth will remain between 6-7 per cent GDP
India has emerged as one of the most preferred destinations for global investors