Page 3 - Expenditure

Companies' total expenditure plummets 24% in three months to June

Some of this may have to do with pruning of some costs that they would have otherwise incurred, had business been normal; analysis looked at 402 firms that have declared June results

Govt changes public procurement rules, more preference to local suppliers

Companies with less than 20 per cent of domestic content in their goods or services will not able to participate in most of the government tenders and they are categorised as "non-local suppliers"

Recovery in economic growth may be marred by drastic expenditure cuts

The economy is required to grow by 5.2 per cent in the second half compared to 4.8 per cent in the first half to enable it to clock five per cent in the entire FY20

Framework for abolition of Plan, non-Plan classification soon

Centre likely to switch to a more globally relevant system of classifying spending as revenue expenditure and capital expenditure

Data credibility at stake

Unfortunate fiasco over consumer spend survey

Govt scraps NSO's consumer expenditure survey over 'data quality'

The findings of the report, published by Business Standard on Friday, showed consumer spending falling for the first time in over four decades in 2017-18

Is a GST Council-like federal body for public expenditure a good idea?

The GST Council, chaired by the union finance minister, comprises finance ministers of all states

States' expenditure rise 15% annually since 2011, says study

The findings by PRS Legislative Research shows the overall expenditure of all states has soared from Rs 12.47 trillion in 2011-12 to Rs 33.18 trillion in 2018-19

High expense on salary, pension hits spending by states, says research

On an average, salaries, pensions and interest payouts comprise 40% of the total expenditure