The department of fertilisers and the ministry of agriculture are working out the details of the DBT scheme, which may…

The Centre hiked special additional excise/cess levied on petrol and diesel sharply in October 2019, March 2020 and then in…

State governments have slowed down investments significantly in the current fiscal year and the Centre’s Budget capex also looks constrained,…

Currently, these entities are audited by state government appointed organisations/local fund examiners.

To be sure, many states have in recent months seen a rise in own tax revenues (OTR) from the lows…

While infrastructure investment was predominantly made by the public sector (the Centre and state governments had a share of over…

Overall spending, including revenue expenditure, by the Centre and states will, however, rise only 15% or thereabouts on year to…

Borrowings by the twelve states whose finances were reviewed by FE rose 50% on-year to Rs 2.28 lakh crore in…

Despite a sharp revenue slump, the Centre transferred budgeted amounts to state governments as their tax share from divisible pool…

Income tax, customs, excise, pharma, labour acts are also being reviewed. Certain ministries feel that some aspects of criminalisation is…

In Q4 last year, the government lowered spending ceiling from 33% to 25%, keeping in mind the weak cash position…

The idea is to soften the blow to the economy from the sharp drop in private investments and slashing of…

If public-sector fixed capital formation has held up in recent years even amid a worrisome, prolonged decline in private investments,…

Overall budget expenditure in April-Sept was flat on year, spending seen picking up in H2

Despite the Covid-19 pandemic, 1.67 crore new rural households, including 1.06 crore under JJM, have been added to functional household…