'The first and most basic responsibility of any government is to protect its people from external threats and internal harm.''Budget 2025-2026 has to focus on meeting this responsibility,' asserts......
'Maharashtra is virtually in a debt trap.' IMAGE: Then Maharashtra chief minister Eknath Shinde showers flower petals on women during the launch of the second phase of the Mukhyamantri Majhi......
Union Finance Minister Nirmala Sitharaman on Saturday said the top 50 tourist destinations in the country will be developed in partnership with states in a 'challenge mode', as she emphasised......
'We are going to need more technical people in government.''You can't expect a generalist to understand the complicated world of financial engineering.''I regret to say that most of our politicians......
'Union Budgets are often used as political instruments and that was the intention of this government too.''But while the exercise has settled two fronts, it has left open several others and this......
At last the Lok Sabha has passed the Fiscal Responsibility and Budget Management Bill. There is a consensus among observers that it is a watered-down version of the original intentions. Explicit......
Parliament on Tuesday approved the long-awaited fiscal responsibility legislation after Finance Minister Jaswant Singh promised there would be no lowering of developmental expenditure and fiscal......
Using the debt-to-GDP ratio as a fiscal anchor aligns with efforts to promote fiscal transparency through proper disclosure of off-budget borrowings. Illustration: Dominic Xavier/Rediff.com In......
The Union Cabinet on Tuesday watered down the Fiscal Responsibility and Budget Management Bill, 2000, by deciding to delete its key provisions, including elimination of revenue deficit, reduction......
The State Legislative Assembly on Tuesday night enacted the AP Fiscal Responsibility and Budget Management Bill to enable the government to enforce strict fiscal discipline.The bill fixes the......
IMAGE: Pakistan's players celebrate a wicket during the Champions Trophy. Photograph: Akhtar Soomro/Reuters The Pakistan Cricket Board (PCB) has claimed to have earned three billion rupees by......