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Fiscal Deficit

Tamil Nadu govt revises revenue, fiscal deficit estimations upwards

July 21, 2016 pcadmin Leave a Comment

Tamil Nadu govt revises revenue, fiscal deficit estimations upwards Fall in tax revenue, reduced share in central devolution reason for the increase in deficits, says Finance Minister The Government of Tamil Nadu has revised the revenue deficit estimates upwards to Rs 15,854 crore for the year 2016-17 in its revised budget presented today, as against the revenue deficit of Rs … [Read more...] about Tamil Nadu govt revises revenue, fiscal deficit estimations upwards

GDP Accelerates to 7.6%; Budget 2016-17 Built on Agenda ‘Transform India’

February 29, 2016 pcadmin Leave a Comment

GDP Accelerates to 7.6%; Budget 2016-17 Built on Agenda ‘Transform India’ While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that the growth of GDP has accelerated to 7.6% in the current Financial Year. This was possible notwithstanding the contraction of global exports by 4.4% compared to 7.7% growth in the world … [Read more...] about GDP Accelerates to 7.6%; Budget 2016-17 Built on Agenda ‘Transform India’

Key Reform Measures in Budget speech 2016-17

February 29, 2016 pcadmin Leave a Comment

Union Finance Minister Shri Arun Jaitley spoke on the Key Reform Measures in his Budget speech 2016-17 1. The Government is firm on its course towards fiscal consolidation without compromising on its development agenda. 3.5% fiscal deficit is targeted for FY 2017. 2.Total allocation for Agriculture, Farmers’ welfare and Irrigation set at Rs. 47,912 cr, which is nearly twice … [Read more...] about Key Reform Measures in Budget speech 2016-17

Phased pension hike likely to meet fiscal deficit target

February 24, 2016 pcadmin Leave a Comment

Phased pension hike likely to meet fiscal deficit target - Officials grappling with a combination of measures to provide spending buffer The challenging fiscal math for the upcoming year on account of higher expected outgo on salaries and pension has prompted the government to examine various permutations and combinations to check the feasibility of curtailing the deficit to … [Read more...] about Phased pension hike likely to meet fiscal deficit target

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Latest DOPT Orders

Reimbursement of Children Education Allowance (CEA) to Central Government servants having Divyang Children

Addendum for early closure of all the offices falling in the premises of Parliament House & Rashtrapati Bhawan in c/w forthcoming Republic Day

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Latest Finmin Orders

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Grant of Leave to Probationary officers: Railway Board

Productivity Linked Bonus to all eligible non-gazetted Railway employees for 2020-2021

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