The Centre is likely to announce a scheme for an integrated warehousing network in the Budget,2019. The aim of the scheme will be to operationalise a national warehousing grid’ to effectively integrate the highly fragmented warehousing market in India. The scheme is likely to be similar to Maharashtra where the government has kicked off a… Continue reading Budget may unveil a national warehousing grid to plug key gaps, Maharashtra model
Tag: Budget
This will be a tough budget to balance
There will be two major policy events taking place in the coming days which are the Budget and a GST Council meeting. Both will reveal the government’s intent and vision for the next five years. While there are a number of issues that it can take up at both these events,there are three main problems… Continue reading This will be a tough budget to balance
IBC-type framework for NBFCs, simplified GST among several issues raised with Finance Minister
Finance Minister has held pre-budget discussions with the economists. The economists stressed on the need to (a)promote labour intensive sectors and (b)manufacturing through Make in India. Further,they also suggested simplification of GST,Insolvency and Bankruptcy Code(IBC)-type framework for NBFC,implementation of Direct Tax Code and constitution of independent fiscal policy committee. Economists also gave suggestions on tariff… Continue reading IBC-type framework for NBFCs, simplified GST among several issues raised with Finance Minister
Fiscal deficit in Jan. at 121.5% of full-year target
According to the data released by the Controller General of Accounts, Centre’s fiscal deficit touched 121.5 per cent(7.70 lakh crore) of the budgeted target of Rs 6.34 lakh crore for 2018-19 due to lower revenue collection. Fiscal deficit is the amount of money that the government needs to borrow in a given year because their… Continue reading Fiscal deficit in Jan. at 121.5% of full-year target
