Fiscal Deficit to Be Closely Monitored By the Rating Agencies Congress Party will be looking to give away election year sops to woo their voters. At the same time, the performance of the Finance Ministry will be closely monitored by the Global Rating agencies. They will basically look into incomes generated with government spending. If the Finance Ministry targets fiscal … [Read more...] about Will present fiscal deficit of 4.5% breach the fiscal roadmap set by Kelkar ?
Mamata Blames the Left and Central Government for Fiscal Woes of West Bengal
Chief Minister Mamata Banerjee blames Prime Minister Manmohan Singh for going back on the promise for helping the state, when they had formed the government. She said that he had assured of structuring the loans for supporting the state, but nothing has been done about it even after three years. While accusing the previous Left government for bringing about the economic … [Read more...] about Mamata Blames the Left and Central Government for Fiscal Woes of West Bengal