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Mamata meets Modi, seeks release of pending funds
New Delhi: West Bengal Chief Minister Mamata Banerjee on Wednesday met Prime Minister Narendra Modi, during which she urged him to release...
Home healthcare industry needs regulatory push
With the industry expected to grow to around $20 bn in next 5 yrs, regulations are required to standardise care
Political consensus needed to end fiscal disaster
In India, unfortunately, politicians view every expenditure as desirable if they feel that it could bring them votes, regardless of the cost and...
Stable outlook for India's Defence Budget-2022
India’s Defence Budget continues to be around 2% of GDP for past 5 years; It is unlikely that Defence allocation will go up in FY23
FinMin grants Rs 9,871 crore to 17 States
The Finance Ministry on Thursday said it has released the sixth monthly instalment of revenue deficit grant of Rs 9,871 crore to 17 States.
Andhra among 17 States gets revenue deficit grant
New Delhi: The Finance Ministry has released the third monthly instalment of Post Devolution Revenue Deficit (PDRD) Grant of Rs 9,871 crore for the...
Cess, surcharge share doubles to 19.9% in FY21: Report
The share of cesses and surcharges in the gross tax revenue of the Centre has nearly doubled to 19.9 per cent in 2020-21 from 10.4 per cent in
States' fiscal deficit to narrow to 4.3% of GDP in FY22
India Ratings and Research in its report has revised the outlook on state finances to stable for FY22 from stable-to-negative