Govt may not upset revenue, spending math in attempt to prop up economy - News Summed Up

Govt may not upset revenue, spending math in attempt to prop up economy


Measures under consideration include those meant to make doing business easier and to attract fresh investments. Structural changes in the government’s fiscal discipline will not be taken without Parliament’s sanction, one of the officials said on condition of anonymity. Our revenue receipts as well as spending -- which has been frontloaded by way of advancing budget announcement — are as expected. Any measures leading to fiscal expansion will only come from budget,” said the official quoted above. “There is scope for monetary easing given inflation projections,” said a third official, who also did not wish to be named.


Source: Hindustan Times September 23, 2017 16:52 UTC



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