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Union Budget

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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19th October – An inclusive strategy for India to revive its economic growth

From a peak of 8.1% in the fourth quarter of 2017-18, growth in gross domestic product (GDP) has now decelerated to a six-year low of 5% in the fiscal first quarter, with a slowdown visible across all sectors. We now require a macroeconomic strategy to revive aggregate demand in the short-run, while initiating structural reforms …

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Union Budget 2017-18 Highlights | pdf Download

Union Finance Minister Arun Jaitley today (1st February 2017) has presented the Union Budget for the year 2017- 18. This is his fourth annual budget and the first budget after demonetization. The Union Budget 2017 was broadly focused on 10 broad themes. They are — Farmers, Rural Population, Youth, Poor and Health Care for the Underprivileged; Infrastructure; …

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