fiscal responsibility and budget management (frbm)

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    Goa Budget Session Ended Amidst Opposition Accusations

    Panaji, March 17 The Goa Congress launched a scathing attack on the BJP-led state government on Tuesday, accusing it of using the Model Code of Conduct as a pretext to curtail the assembly's budget session, thereby denying Goans their right to accountability.The Goa budget session was...
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    Goa’s Borrowing Strategy: Reforms-Based Loans and FRBM Compliance

    Panaji, March 9 Goa Chief Minister Pramod Sawant said on Monday that the state had borrowed ₹4,148 crore in interest-free loans in the last fiscal year, assuring that it had stayed well within the Fiscal Responsibility and Budget Management (FRBM) limits.During the Question Hour in the state...
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    Economic Survey: Maharashtra's Debt to Increase, Remains Within FRBM Limits

    Mumbai, March 7 Maharashtra's outstanding debt is expected to rise by 11.1 per cent in 2025-26, although the overall debt burden will remain within the limits prescribed under fiscal responsibility norms, according to the Economic Survey 2025-26 presented in the state legislature.The survey...
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    Fiscal Management: J&K Reduces Debt-to-GDP Ratio Amid Economic Growth

    Jammu, February 18 Jammu and Kashmir's total debt for the financial year 2024-25 is estimated at ₹1,37,067 crore, which is 48 per cent of the Union Territory's GDP, which has significantly expanded to ₹2,88,422 crore, Chief Minister Omar Abdullah said on Wednesday.Defending his government's...
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    RBI Reports Highlight Pension Scheme Challenges

    New Delhi, February 9 The unfunded Old Pension Scheme (OPS) is likely to put significant pressure on the finances of states, especially with increasing life expectancy, which may limit capital expenditure for these states and create long-term intergenerational fiscal liabilities, Finance...
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