Telangana to raise Rs 1,187 crore through auction of bonds
The state government has been allowed to borrow Rs 47,500 crore through auction of bonds in 2021-22
Source: deccanchronicle.com
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Wish list ready, Harish to attend Centre's pre-budget meet today
Union finance minister has scheduled to hold a meeting with finance ministers of all states as part of the pre-budget exercise on Thursday
Source: deccanchronicle.com
Finance Commission recommends FRBM Act revamp
Finance Commission recommends FRBM Act revamp SECTIONS Last Updated: Feb 02, 2021, 05:10 AM IST Share Synopsis The FRBM Act needs to be revamped because of prevailing uncertainty and contemporary realities and challenges, the commission said. The Union and state governments will have to amend their FRBM Acts to ensure their legislations are consistent with the fiscal sustainability framework, it added. Agencies Meanwhile, the government has accepted the commission’s suggestion to set up a non-lapsable defence fund. The 15th Finance Commission led by NK Singh has recommended setting up a hig...
Source: indiatimes.com