| Web Excl: Analysis of Report Card on implementation of Kelkar Committee | 04-JUL-09 |
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| The Report of the Task Force on the Implementation of the Fiscal Responsibility and Budget Management (FRBM) Act, 2003 (‘the Second Committee Report’) was presented in July 2004 and is popularly known as the Kelkar Committee Report. It aimed at reducing fiscal deficits within the country. |
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| Govt may come out with successor to fiscal responsibility law | 23-JUN-09 |
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| The government is likely to come out with a successor to the Fiscal Responsibility and Budget Management (FRBM) Act in the Budget to continue the process of consolidating government finances, which got derailed on account of the global financial crisis. |
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| Letters: It's DMO, not OMO! | 22-APR-09 |
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| In the Annual Policy Statement of the Reserve Bank of India (RBI) 2009-10 there is a reference to the Open Market Operations in para 28. “Keeping in view the large budgeted government market borrowing in 2009-10 coming on top of a substantial expansion in market borrowing in 2008-09, it was important for the RBI to provide comfort to the market so that the borrowing programme is conducted in a non-disruptive manner. |
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| Rising fiscal deficit not a cause for worry: Virmani | 06-APR-09 |
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| Rising fiscal deficit following the stimulus packages provided by the government to boost economy is not a cause of worry, said Chief Economic Advisor in the Department of Economic Affairs Arvind Virmani. |
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| Urjit R Patel: Respect the fiscal compact | 08-AUG-08 |
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| It's time to plug legal loopholes to curb inconsistencies in the Centre-state fiscal compact.
In an article on May 10 in Business Standard, I had discussed and evaluated the efficacy of the Fiscal |
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| Pay panel awards may be deferred | 05-AUG-08 |
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| The government may defer the implementation of the sixth Pay Commission award by a year or even two to reduce the fiscal burden of the recommendations that proposed a 28 per cent across-the-board |
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| Assessing the Budget | 29-FEB-08 |
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| Any Budget can be evaluated on a number of criteria. Here, briefly, is a check-list of benchmarks by which todays pronouncements can be scored. First, from the perspective of the finance ministrys |
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| E A S Sarma: FRBM on test | 28-FEB-08 |
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| The Fiscal Responsibility & Budget Management (FRBM) Act enacted in 2003 was a somewhat diluted version of the Bill drafted by a Committee in July, 2000. Even then, it was indeed a big step |
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