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Discover Latest #Budget balance News, Articles and Videos with Contenting
1. Budget 2020: 5 points to watch out for The Union Budget 2020 is expected to be announced on 1 February 2020. This is the first budget of the Modi Government’s second term and the expectations from it are high. Here are 5 points to watch out for in the budget: • Tax Reforms: The government may announce tax reforms this budget in the form of tax deductions and exemptions for individuals and businesses. • Infrastructure Spending: As per the budget estimates, the government is expected to increase its spending on infrastructure projects such as roads, railways and ports. • Health Care: The government is expected to increase its spending on health care to improve the quality of health care in India. • Education: The government is likely to announce new initiatives and increase its spending in the education sector with a focus on improving the quality of primary and secondary education. • Budget Deficit: The government is expected to announce measures to reduce the budget deficit and ensure fiscal discipline in the country.
View: Interim Budget balances fiscal discipline, welfare & growth - The Economic Times
This year's interim budget, presented by Finance Minister Nirmala Sitharaman, takes place in a turbulent global economic environment. Despite this, the budget maintains a balance between economic growth and fiscal consolidation, with a fiscal deficit of 5.1% of GDP. The budget also supports capital expenditure and rural infrastructure, promotes investment in post-harvest infrastructure, and establishes a corpus for interest-free loans to support research and innovation.
February budget gap widens - BusinessWorld Online
THE NATIONAL GOVERNMENT’S (NG) budget deficit ballooned in February amid double-digit growth in state spending, the Bureau of the Treasury (BTr) reported on Monday. Data from the BTr showed that the fiscal gap widened by 54.81% to P164.7 billion from P106.4 billion a year earlier. Month on month, the budget balance swung back to a […]