Page 2 - Frbm

Govt mulls primary deficit targets for new FRBM road map

FRBM panel recommended fiscal deficit target of 2.5% of GDP, revenue deficit of 0.8% for 2022-23

FRBM likely in winter session

Centre considering FRBM panel recommendations; legislative action required to set fiscal road map

Credit profile to improve if India sticks to fiscal path: Moody's

FRBM panel suggested that fiscal deficit should be brought down to 2.5% by 2022-23 from 3.2%

FRBM panel proposes for 'autonomous' fiscal council under North Block

New Delhi, 13 AprilThe committee report on the Fiscal Responsibility and Budget Management (FRBM) law's recommendation for a new Fiscal Council to monitor implementation comes after studying the examples of 40 other countries, advanced and emerging. The panel, whose report was made public on Wednesday, has proposed the Council as an autonomous body but under the finance ministry.It asks that the Council be tasked with monitoring the government's fiscal announcements for any year, providing its own forecasts and analysis for these, and to advise the ministry on when to trigger the escape clause provision."It is proposed that it should comprise a chairperson and two members, to be appointed by the central government. The persons to be appointed ought to have significant experience in public finance, economics or public affairs," the panel said."To ensure they function independently, such persons should not be in the current service of the government, should have a non-renewable term of .

FRBM panel wants revenue deficit down to 30% of fiscal deficit by 2023

Revenue deficit for FY18 is projected at 59% of fiscal deficit target of Rs 5.47 lakh cr

FRBM panel moots fiscal council; budget planners cold to idea

FRBM committee report sets a roadmap to achieve fiscal deficit of 2.5% of GDP by 2023

FRBM panel to relax FY18 fiscal deficit target to 3-3.5%: BofA-ML report

The N K Singh panel is expected to submit the new fiscal consolidation roadmap report on Monday

FRBM panel report likely by Tuesday

But the report will not be made public till the day of the 2017-18 Union Budget

FRBM panel to submit report by Nov 20

According to the memorandum, the FRBM review committee's chairman had sought extension to the deadline

FRBM panel to submit report by Nov 12

Report likely to 'excuse clauses'; May suggest new law

Soumya Kanti Ghosh: The FRBM debate - A number or a range?

With govt and RBI already upping the ante by setting an inflation target for the next five years, it is imperative that there is a broader consensus on the fiscal deficit target as well

FRBM panel may advise govt against fiscal deficit range

Idea was to provide a flexibility to the government to deal with variables like global volatility, the monsoon, and slow private investment

Options ahead of FRBM act review panel

The existing FRBM Act prescribes a target fiscal deficit of 3% of GDP

FRBM panel discusses terms of reference

The panel will review the working of the FRBM Act over the last 12 years and suggest the path forward, keeping in mind the broad objective of fiscal consolidation

Panel to review FRBM in a month

Shaktikanta Das said he had hope that the constitutional amendment on a goods and services tax would be passed by Parliament