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| Fiscal consolidation to start next year: PMEAC | 21-OCT-09 |
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| The Prime Minister's Economic Advisory Council today said the process to bring down the fiscal deficit from the current 6.8 per cent to a more sustainable level could start from next year. |
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| Rosaiah for balance between growth and inflation | 18-SEP-09 |
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| Andhra Pradesh chief minister K Roasiah said the central and state governments had a task to strike a balance between growth and inflation. The three fiscal stimulus packages announced by the central government infused liquidity for maintaining economic growth. |
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| Rates may harden by fiscal end: Rangarajan | 18-SEP-09 |
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| Interest rates may harden a bit by the end of the current financial year, according to C Rangarajan, chairman of the Prime Minister’s Economic Advisory Council. |
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| Subir Gokarn: Fiscal scenarios | 13-JUL-09 |
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| The Union Budget for 2009-10 estimated that the fiscal deficit for the current year would be 6.8 per cent of GDP, 1.3 percentage points higher than the interim budget had projected. |
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| No plan to privately place gilts with RBI, says govt | 10-JUL-09 |
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| The government today said it is not planning to privately place gilts with the Reserve Bank of India (RBI) as of now despite the fiscal deficit projected to touch 6.8 per cent of gross domestic product in the year ending March. |
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| Mukesh Butani: A delicate balancing act! | 07-JUL-09 |
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| Well, as expected, with lurking scepticism and caution, the first full Budget of the new government was a deft balancing act for broad-basing sustained economic growth, rather than a ‘big bang’ announcement for a fresh stimulus package and tax concessions. |
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| Widest deficit since reforms began | 07-JUL-09 |
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| Fiscal deficit, the difference between the government’s total expenditure and receipts, is projected at 6.8 per cent of the Gross Domestic Product, or GDP, in the current financial year, the widest in two decades. |
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| Fiscal deficit to widen to 6.8% as stimulus continues | 06-JUL-09 |
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| The Centre's fiscal deficit is estimated to be 6.8 per cent of GDP in 2009-10 against the low of 2.5 per cent projected for the previous fiscal a year ago, as expenditure is expected at over Rs 10 lakh crore and tax collection can take a hit due to stimulus packages. |
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| 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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| Spread fiscal deficit target over 5-6 yrs: Govt | 01-JUN-09 |
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| The government has put forward a proposal to do away with the yearly fiscal deficit target from the next financial year (2010-11). Instead, it wants to fix the target as an average over an economic cycle of five to six years. |
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| Economic reforms the next stimulus: Pranab | 28-MAY-09 |
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| Putting forward the broad economic agenda for the next five years, Finance Minister Pranab Mukherjee said the next round of stimulus for growth would be in the form of economic reforms, and the government has already identified the plan of action. |
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