Fiscal Council

26th August – Fiscal Council

Fiscal Council The fiscal situation in India has been under severe stress even before COVID-19 and the novel coronavirus pandemic has only worsened it. Key statistics – The fiscal deficit of the Centre in 2019-20 as estimated by the Controller General of Accounts (CGA) was 4.6%, 0.8 percentage point higher than the revised estimate. For …

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4th February – Falling short of expectations

There were many expectations from the Union Budget 2020: that it would reverse the falling growth rate, reduce unemployment and rekindle the animal spirits needed to revive private investment. Does the Budget really hold out the promise on these counts? Analysing the budgetary provisions – Skill development allocation – Finance Minister has allocated a paltry …

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