fiscal-consolidation - Latest News on fiscal-consolidation | Read Breaking News on Zee News

Crisil calls for bold reforms to take GDP growth to 7%

Last Updated: Sunday, May 18, 2014, 12:58

Bold reforms and prudent monetary and fiscal policies by the incoming Narendra Modi government will help the economy to grow at 6.5-7 percent, says a report.

Fiscal consolidation will be tough for new FM: Deutsche Bank

Last Updated: Tuesday, May 06, 2014, 00:26

Stagnant revenue and sticky expenditure, coupled with a likely tight monetary policy by the Reserve Bank, would make further fiscal consolidation difficult and the job of the new finance minister tough, German brokerage Deutsche Bank has said.

No compromise on fiscal consolidation, says Chidambaram

Last Updated: Wednesday, December 11, 2013, 11:53

Brushing aside apprehensions expressed by a rating agency, Finance Minister P Chidambaram on Wednesday said the government will stick to the path of fiscal consolidation and endeavour to narrow the deficit to 3 percent of gross domestic product by 2016-17.

'Q2 GDP growth above forecast, but risks in H2 on spending cut'

Last Updated: Saturday, November 30, 2013, 10:56

The economic research department of State Bank said the GDP growth raises the hopes to achieve the crucial 5 percent mark for the fiscal.

Not allow free fall of rupee; will check fiscal deficit, CAD: FM

Last Updated: Wednesday, August 14, 2013, 20:00

Committing to fiscal consolidation and reducing Current Account Deficit (CAD), Finance Minister P Chidambaram on Wednesday said steps are bing taken to stabilise rupee and expressed confidence that it will find its correct level once the other parameters are taken care of.

Govt making efforts to boost investor confidence, growth: FM

Last Updated: Friday, February 01, 2013, 14:23

Expressing commitment to follow the path of fiscal consolidation, Finance Minister P Chidambaram has said efforts are being made to boost investor confidence and revert to the high growth path.

Govt will aim at 4.8% fiscal deficit in 2013-14: Chidambaram

Last Updated: Tuesday, January 22, 2013, 20:16

Pledging fiscal consolidation and a commitment to the path of fiscal prudence, Finance Minister P Chidambaram on Tuesday promised to that the target of fiscal deficit of 5.3 percent this year will not be breached.

FM unveils fiscal consolidation roadmap to boost growth

Last Updated: Monday, October 29, 2012, 19:03

The minister also expressed the hope that the Reserve Bank would take note of fiscal consolidation initiatives while announcing half-yearly monetary policy review on Tuesday.

Govt to soon unveil fiscal correction roadmap

Last Updated: Monday, October 08, 2012, 17:47

"No one will have confidence in the Indian economy if there is uncertainty about the fiscal stability of the country," he said.

We are not for elimination of all subsidies, says Kelkar

Last Updated: Saturday, September 29, 2012, 19:50

The government needs to subsidise kerosene and food for poor, former finance secretary Vijay Kelkar said observing that the committee on fiscal consolidation headed by him was not against elimination of all subsidies.

Kelkar panel to submit fiscal consolidation report by Aug-end

Last Updated: Tuesday, August 14, 2012, 19:42

The Vijay Kelkar panel, appointed by Finance Minister P Chidambaram, to formulate the fiscal consolidation roadmap is expected to submit its report by the month-end.

Low inflation provides room for policy rate cut: Gokarn

Last Updated: Thursday, April 05, 2012, 18:06

Ahead of its annual monetary policy, the Reserve Bank on Thursday said cutting policy rate to promote investment depends upon moderation in inflation and fiscal consolidation.