NSSF

The Union Ministry of Finance had previously objected to Delhi's prepayment of older NSSF loans, as it could disrupt the broader borrowing ecosystem

The interest rate for SCSS was increased to 8.2% from 8%, and that of the monthly income scheme was increased to 7.4% from 7.1%

While govt's market borrowings have doubled from FY16 to FY22, NSSF loans to finance fiscal deficit have grown 11x

More clarity on Customs duty changes could have made the Budget more transparent

Budget 2022: Subsidies have been a bugbear of the Indian economy for long

The Centre's plan to start FY22 on a clean slate seems to have gone for a toss within just six months after it cleared the food subsidy backlog and paid its pending liabilities to NSSF

In 2017-18, West Bengal accounted for 15 per cent of the total contributions made to the NSSF; its share increased from 12.4 per cent in 2007-08

Costlier loans from NSSF, at 7.4% interest rate, will occupy more than 10% share in govt's outstanding public debt soon, all to give the small saver a higher interest rate than the market

If clearing of FCI's outstanding dues and loans does not spur further reforms, they will once again reach current levels in the next 4-5 years, say experts

The Centre said a special window can be provided to the states, in consultation with the RBI, for borrowing at a reasonable interest rate

How a potential fiscal deficit of 4.65% of GDP was brought down in the 2019-20 revised estimates

Fund to explore providing loans to railways, urban housing scheme