The use of Article 282 to implement centrally sponsored schemes remains a source of tension. Public health can be a starting point to take a hard look at intergovernmental transfers.
A complete, successful implementation of the existing support measures is of paramount importance, said Vitor Gaspar, Director of IMF's Fiscal Affairs Department.
A round-up of the most important reports in major newspapers around the country – from TOI and HT, Express and The Hindu to The Telegraph, Mumbai Mirror and The Tribune, as well as top financial dailies.
Complex labour laws & regulations were responsible for the creation of dwarf entities in India. MSMEs will need many reforms to scale up and be competitive.
Revenue shortfall will be equivalent to the additional government borrowings, the agency estimates, expecting a contraction in both tax and non-tax revenue.
Modi govt’s aim at this stage of Covid crisis should be to maintain India’s capability to rebound when the more stringent aspects of the lockdown have passed.
The spending isn’t enough. But even if fired first and aimed later, the fiscal bullets might still influence the depth and duration of the recession.
New Delhi, Nov 16 (PTI) The National Financial Reporting Authority (NFRA) will carry out audit quality inspections of five audit firms, including the...
No matter what tactics, doctrine, or weapon system is used, the objective of any war is to control territory, argues Gen. MM Naravane (retd). But it's politics that matters most.