Fiscal Prudence

'Govt to continue fiscal prudence,' say bankers at book launch of Roller Coaster - An Affair with Banking by veteran journalist Tamal Bandyopadhyay

What is the FRBM Act, 2003?

To ensure discipline in government finances and keep a check on fiscal profligacy, a legislation was enacted almost two decades ago - the FRBM Act, 2003. This report demystifies it

The statement from the minister assumes significance as Kerala, the only communist-ruled state in the country now, is known for its sweeping public welfare measures

Says states don't have fiscal flexibility for exigencies as Centre has

Here's a selection of Business Standard opinion pieces for the day

Govt should tread carefully on this path

The economy requires a fiscal battle plan and this, in turn, requires a fiscal responsibility framework

Here's a selection of Business Standard opinion pieces for the day

Budget 2021 must overhaul the existing FRBM Act to set feasible targets on deficit and debt

Here are the best of Business Standard's Opinions for today

When emerging from this crisis, the govt must consider a fresh approach to reviving growth, revisiting the Centre-state fiscal balance, and devising a re-imagined GST 2.0, writes T N Ninan

There should not be any problem for other states to follow the Delhi government's fiscal prudence and management

No doubt the economy has slowed and earlier projected gross domestic product numbers won't be achievable, as confirmed by both the Reserve Bank of India and the International Monetary Fund