India Subsidy Bill News

Politics

CAG indicts Modi govt for masking fiscal, revenue deficits

CAG has recommended the government consider instituting a policy framework for off-budget financing, which should include a disclosure about its rationale and objective to parliament

2 min read16 Jan 2019
Politics

With eyes on elections, Narendra Modi lets India’s subsidy bill surge

In the Union budget, the Narendra Modi govt relaxed its deficit target for the fiscal, and said it would aim for a fiscal gap of 3.3%of GDP next year rather than its earlier 3% goal

3 min read14 Feb 2018

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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