Fiscal Management News - Latest Updates & Headlines
Ensure 'no rush expenditure' in last month of fiscal year: Maha Finance Dept
Mumbai, April 7: Amid a widening gap between the revenue receipts and revenue expenditure, the Maharashtra Finance Department on Monday has directed all the departments to ensure 'no rush of expenditure' in the last month of the fiscal year 2025-26.
Uttarakhand CM tells all departments to spend 80 pc of budget by December
Dehradun, April 5: Uttarakhand Chief Minister Pushkar Singh Dhami on Saturday directed all departments to spend up to 80 per cent of the budget by the month of December.
CAG, 16th Finance Commission hold consultation on Public Finance
New Delhi, March 5: The Comptroller and Auditor General of India (CAG), K Sanjay Murthy, met with the Sixteenth Finance Commission chaired by Arvind Panagariya in Madhya Pradesh's Bhopal on Wednesday, the office of the CAG said in a release.
Gujarat achieves lowest debt-to-GSDP ratio of 4.5 percent among 21 largest states in last 10 years: NCAER Economists
Gandhinagar, February 16: The National Council of Applied Economic Research (NCAER) has released a report highlighting Gujarat's exemplary fiscal management, positioning it as one of the financially strongest states in India. As per report, Gujarat has reduced its public debt-to-GSDP ratio in last 10 years by 4.5 percent, the highest among India's 21 major states.
Gujarat brings down debt-to-GSDP ratio by 4.5%: CM Bhupindra Patel
Gandhinagar, February 13: Gujarat has made significant strides in improving its fiscal health, with a reduction in its debt-to-Gross State Domestic Product (GSDP) ratio by 4.5 per cent, the highest among the 21 largest states in India. The achievement was highlighted by Gujarat Chief Minister Bhupendra Patel, who shared the news on a social media platform.
Budget 2025 prioritises non-inflationary growth: Finance secretary
New Delhi, February 3: Budget 2025 prioritises non-inflationary growth through careful fiscal management, with the government's entire borrowing of Rs 15.68 lakh crores channelled exclusively into capital expenditure, Finance Secretary and Secretary, Department of Revenue, Tuhin Kanta Pandey told industry leaders Monday.