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fiscal consolidation

28 Jul 2016

India should continue fiscal consolidation for better prospect: IMF

In order to reduce external vulnerabilities and improve investment prospects, the government should continue with its fiscal consolidation activities including passage of GST Bill, further subsidy reforms and easing domestic supply bottlenecks, says an IMF report.

India's macro-economic scenario

12 Aug 2015

Macros improving, subsidy reforms to continue: FM Jaitley

The government on Wednesday said the macro-economic scenario has improved significantly on account of revival of growth and subdued inflation and exuded confidence that interest rates will decline in coming years.

fiscal consolidation

28 Apr 2015

Govt to pursue subsidy reforms to contain deficit: Sinha

Reiterating commitment to stick to the fiscal consolidation road map, the government on Tuesday said it will continue with subsidy reforms and bring down the fiscal deficit to 3.5 percent of the GDP by March 2017.

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