Mamata Banerjee announced today during the Railway Budget that 50 stations will be developed as world class stations in public private partnership and 375 stations as ‘Adarsh Stations’ with improved basic amenties. Read
To avoid the possibility of conflict between monetary and debt management functions of the Reserve Bank of India (RBI), the Economic Survey today prescribed setting up of an independent office to manage the government debt. Read
Improvement in the fiscal health of particularly the states and the Centre led the high growth trajectory of the period FY04 to FY08, according to the pre-Budget Economic Survey, presented in Parliament today. Read
The government should assess the possibility of having a new target of entirely eliminating fiscal deficit, but with a flexibility that it could be widened at a time of economic downturn, suggested the Economic Survey. Read