revenue deficit

Steps soon to check fiscal, curent account deficits: Chidambaram (Lead)


July 11th, 2012 - 12:29 am ICT by IANS
Bangalore, July 10 (IANS) In a bid to reboot the economy and return to the high growth path, the United Progressive Alliance (UPA) government would take proactive measures to ... Read more...

Posted in Politics |

India will soon be back on high growth path: Chidambaram


July 10th, 2012 - 10:24 pm ICT by IANS
Bangalore, July 10 (IANS) India would soon return to high growth path soon in light of several measures being taken by the United Progressive Alliance (UPA) government to reboot the ... Read more...

Posted in Politics |

Manmohan can’t take decisions: BJP


May 31st, 2012 - 9:39 pm ICT by IANS
New Delhi, May 31 (IANS) The BJP Thursday warned that early polls will be forced if the Congress led-UPA government failed to address the issue of price rise, as ... Read more...

Posted in Politics |

Punjab seeks complete loan waiver


May 8th, 2012 - 7:23 pm ICT by IANS
Chandigarh, May 8 (IANS) Reeling under a mounting debt which has crossed Rs.77,585 crore, the Punjab government has sought a complete waiver of the outstanding small savings loan of ... Read more...

Posted in Business |

Himachal’s fiscal liabilities up 46 percent: CAG


April 6th, 2012 - 6:10 pm ICT by IANS
Shimla, April 6 (IANS) The fiscal health of Himachal Pradesh has deteriorated as there has been an increase in liabilities by 46 percent in the past four years, the Comptroller ... Read more...

Posted in Business |

Development deficit dogs poll-bound states


January 19th, 2012 - 10:37 am ICT by IANS
New Delhi, Jan 19 (IANS) With high fiscal deficits -- an indicator of poor financial management -- the five poll-bound states of Punjab, Uttar Pradesh, Manipur, Uttarakhand and Goa, home ... Read more...

Posted in Politics |

Government says fiscal deficit target may be breached


December 9th, 2011 - 5:41 pm ICT by IANS
New Delhi, Dec 9 (IANS) The government Friday officially sounded a warning that fiscal deficit targets could be breached in the current fiscal, amid a slowing economy, lax tax ... Read more...

Posted in Business |

Tamil Nadu provides for free cattle, laptops in budget


August 4th, 2011 - 7:15 pm ICT by IANS
Chennai, Aug 4 (IANS) Tamil Nadu Finance Minister O. Pannerselvam Thursday presented the state budget for this fiscal, setting aside Rs.8,900 crore for freebies such as laptops, fans, mixers, cattle, ... Read more...

Posted in Business |

8.2 percent growth projection not disappointing: Pranab


August 2nd, 2011 - 7:13 pm ICT by IANS
New Delhi, Aug 2 (IANS) A day after the prime minister's Economic Advisory Council lowered GDP growth forecast to 8.2 percent from the earlier 9 percent, Finance Minister Pranab ... Read more...

Posted in Business |

Tamil Nadu seeks central funds to pay debt


July 6th, 2011 - 9:18 pm ICT by IANS
New Delhi, July 6 (IANS) Tamil Nadu Chief Minister J. Jayalalithaa Wednesday urged the central government to provide a special package to meet the financial obligations of the state, especially ... Read more...

Posted in Business |

Bengal aims for 14 percent growth rate: Minister


July 2nd, 2011 - 6:43 pm ICT by IANS
Kolkata, July 2 (IANS) West Bengal Finance Minister Amit Mitra Saturday said the state government was aiming at an economic growth rate of 14 percent this fiscal."We are aiming ... Read more...

Posted in Business |

Kerala to fast-track infrastructure projects: Governor


June 24th, 2011 - 2:51 pm ICT by IANS
Thiruvananthapuram, June 24 (IANS) Kerala's new United Democratic Front government will fast-track infrastructure projects that had been in cold storage for the past five years, Governor R.S. Gavai said Friday, ... Read more...

Posted in Uncategorized |

Tamil Nadu seeks over Rs.180,000 crore for free laptops, other schemes


June 14th, 2011 - 10:23 pm ICT by IANS
Chennai, June 14 (IANS) Tamil Nadu Chief Minister J.Jayalalithaa Tuesday asked the central government for financial assistance amounting to Rs.182,402.18 crore for various schemes to be implemented by her ... Read more...

Posted in Politics |

Rs.3,500 cr liabilities forced on Bengal: Mitra


May 31st, 2011 - 10:35 pm ICT by IANS
Kolkata, May 31 (IANS) Charging the Left Front government with mismanaging the state treasury, West Bengal Finance Minister Amit Mitra Tuesday said Rs.3,500 crore of accumulated liabilities had been thrust ... Read more...

Posted in Politics |

Maharashtra’s Rs.42,000-crore annual plan approved


May 20th, 2011 - 5:59 pm ICT by IANS
Mumbai, May 20 (IANS) Maharashtra's Rs.42,000 crore annual plan - an increase of over Rs.4,084 crore over last year's Rs.37,916 crore - for 2011-12 has been approved by the central ... Read more...

Posted in Business |

Government to stick to fiscal deficit target, borrowing limit


April 9th, 2011 - 8:08 pm ICT by IANS
New Delhi, April 9 (IANS) The Indian government will meet the fiscal deficit target during the current fiscal and not exceed its borrowing limit, top finance ministry officials said ... Read more...

Posted in Uncategorized |

Liquor costlier, foodgrain cheaper in Maharashtra (Lead)


March 23rd, 2011 - 11:14 pm ICT by IANS
Mumbai, March 23 (IANS) Liquor and soft-drinks in Maharashtra will cost more as Deputy Chief Minister and Finance Minister Ajit Pawar Wednesday raised taxes on these products and exempted foodgrain ... Read more...

Posted in Business |

Punjab budget has fatal flaws, says Amarinder Singh


March 16th, 2011 - 8:02 pm ICT by IANS
Chandigarh, March 16 (IANS) Former Punjab chief minister and state Congress president Amarinder Singh Wednesday said the state budget presented Monday contained "fatal flaws" and needs to be redrafted. "The ... Read more...

Posted in Uncategorized |

Punjab budget revenue deficit pegged at Rs.3,379 crore


March 14th, 2011 - 7:47 pm ICT by IANS
Chandigarh, March 14 (IANS) Punjab's first woman finance minister, Upinderjit Kaur, Monday presented the state's budget for 2011-12 fiscal with the revenue deficit pegged at nearly Rs.3,379 crore.No new taxes ... Read more...

Posted in Uncategorized |

No new taxes in Haryana budget


March 9th, 2011 - 4:29 pm ICT by IANS
Chandigarh, March 9 (IANS) No new taxes have been proposed in the annual budget for 2011-12 presented in the Haryana assembly here Wednesday.Finance Minister Ajay Singh Yadav said he was ... Read more...

Posted in Business |

Independent agency to manage debt: Pranab


February 28th, 2011 - 2:04 pm ICT by IANS
New Delhi, Feb 28 (IANS) An independent debt management agency will be set up to help enforce fiscal responsibilities among states and the central government, Finance Minister Pranab Mukherjee said Monday. ... Read more...

Posted in Business |

India economy to expand 8.6 percent this fiscal (Roundup)


February 7th, 2011 - 8:33 pm ICT by IANS
New Delhi, Feb 7 (IANS) The Indian economy is expected to grow 8.6 percent this fiscal against 8 percent in the previous year, led by 11 percent growth in services, 5.4 ... Read more...

Posted in Business |

Revenue surplus interim budget for Tamil Nadu


February 5th, 2011 - 6:05 pm ICT by IANS
Chennai, Feb 5 (IANS) Tamil Nadu Finance Minister K. Anbazhagan presented a revenue surplus interim budget Saturday for fiscal 2011-12, wiping out the revenue deficit of Rs.3,129 crore expected for the current ... Read more...

Posted in Business |

Pranab Mukherjee feels inflationary fluctuations will occur in coming months


February 3rd, 2011 - 1:44 pm ICT by ANI
New Delhi, Feb 3 (ANI): Asserting that inflationary pressures are not unusual in a 'complex' economy such as India, Union Finance Minister Pranab Mukherjee has indicated more fluctuations will occur in ... Read more...

Posted in National |

Fiscal deficit to remain at 5.5 percent in 2010-11


December 7th, 2010 - 7:22 pm ICT by IANS
New Delhi, Dec 7 (IANS) India's fiscal deficit will not be more than 5.5 percent of its gross domestic product (GDP) in 2010-11 as surge in revenue collections offset high expenditure, ... Read more...

Posted in Business |

No new taxes in Maharashtra budget, but debt could rise


March 26th, 2010 - 12:33 am ICT by IANS
Mumbai, March 25 (IANS) Maharashtra Finance Minister Sunil Tatkare Thursday unveiled a budget free of additional taxes and levies on the common man. However, the Rs.7,654 crore revenue-deficit budget for 2010-11 ... Read more...

Posted in Business |

No new tax in Tamil Nadu deficit budget for 2010-11


March 19th, 2010 - 3:31 pm ICT by IANS
Chennai, March 19 (IANS) Tamil Nadu Finance Minister K. Anbazhagan Friday presented a deficit budget with no additional tax for the financial year 2010-11. "The total revenue receipts of the government for 2010-11 ... Read more...

Posted in Business |

Despite Rs.64,924 cr debt, Punjab says it is growing


March 16th, 2010 - 11:57 pm ICT by IANS
Chandigarh, March 16 (IANS) Despite a debt touching Rs.64,924 crore, Punjab is moving closer to the national growth rate of 7.2 per cent, Finance Minister Manpreet Singh Badal said Tuesday. "In 2008-09, the ... Read more...

Posted in Business |

Haryana’s per capita income to rise in 2010-11


March 10th, 2010 - 6:58 pm ICT by IANS
Chandigarh, March 10 (IANS) Haryana will see a rise in per capita income in fiscal 2010-11 but will remain a revenue deficit state, Finance Minister Ajay Singh Yadav said Wednesday. The per ... Read more...

Posted in Business |

Balanced effort to sustain growth in budget: Chidambaram


February 26th, 2010 - 5:26 pm ICT by IANS
New Delhi, Feb 26 (IANS) Home Minister P. Chidambaram Friday described the union budget as a "balanced effort" marked by a responsible judgement of the state of the economy and of ... Read more...

Posted in Business |

Recommendations of Finance Commission largely accepted: Mukherjee


February 25th, 2010 - 5:26 pm ICT by IANS
New Delhi, Feb 25 (IANS) The government has largely accepted the suggestions made by the 13th Finance Commission that has recommended a 32-percent share of the federal taxes for states, as ... Read more...

Posted in Business |

Rosiah’s 15th budget proposes no new taxes in Andhra Pradesh


February 20th, 2010 - 6:36 pm ICT by IANS
Hyderabad, Feb 20 (IANS) Andhra Pradesh Chief Minister K. Rosaiah Saturday presented his record, 15th budget for the state that has stepped up the net expenditure to Rs.113,660 crore and even ... Read more...

Posted in Business |

Tammil Nadu postpones fiscal responsibility by two years


January 12th, 2010 - 2:37 pm ICT by IANS
Chennai, Jan 12 (IANS) The Tamil Nadu government has postponed the target date for eliminating revenue deficit and capping the fiscal deficit at three percent of the gross state domestic product (GSDP) ... Read more...

Posted in Politics |

DMK has led Tamil Nadu into a debt trap: Jayalalithaa


January 11th, 2010 - 5:45 pm ICT by IANS
Chennai, Jan 11 (IANS) Leader of Opposition in the Tamil Nadu Assembly and AIADMK chief J. Jayalalithaa Monday accused the DMK government of having led the state into a debt trap, and ... Read more...

Posted in Business |

Congress accepts Sukhbir’s call for political debate


October 19th, 2009 - 4:48 pm ICT by IANS
Chandigarh, Oct 19 (IANS) The Congress Monday accepted a challenge by ruling Akali Dal president and Punjab Deputy Chief Minister Sukhbir Singh Badal to have a debate on the issue of development ... Read more...

Posted in Politics |

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