fiscal space

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    FM Sitharaman: India Has Room to Respond to Global Challenges

    New Delhi, April 6 Finance Minister Nirmala Sitharaman said on Monday that India has fiscal space to support sectors affected by the escalating West Asia crisis, while the Reserve Bank has room to cut interest rates to deal with global challenges.The Monetary Policy Committee, headed by the...
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    Increased Rural Budget Focuses on New Scheme, Existing Programs Face Cuts

    New Delhi, March 15 A parliamentary panel has expressed concern over the budgetary allocation for the Department of Rural Development for the 2026-27 fiscal, noting that while the total outlay has increased by 21 per cent, the bulk of the increase is earmarked for the new VB-GRAMG scheme.The...
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    India's Economic Stabilization Fund Details Supplementary Spending

    New Delhi, March 13 Finance Minister Nirmala Sitharaman on Friday said the Rs 1 lakh crore Economic Stabilization Fund will provide fiscal space for India to respond to global challenges.Responding to the debate on the second batch of supplementary demands for grants in the Lok Sabha, she said...
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    Lalduhoma Tables Third Budget as Central Funds Rise

    Aizawl, February 26 Mizoram Chief Minister Lalduhoma will present the state's budget for the 2026-27 fiscal in the assembly on Thursday.Lalduhoma, who also holds the finance portfolio, is set to table his third budget since the Zoram People's Movement (ZPM) came to power on December 8, 2023...
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