https://www.taxtmi.com/news?id=4791 Fiscal consolidation in 2012-13 shows marked improvement for the Central Government and continued State progress; staying on the consolidation path is critical for higher growth, lower inflation and easing current account deficit financing. The Survey promotes widening the tax base and privatisation of expenditure as key measures for medium term deficit reduction, highlights petroleum subsidies as a major fiscal risk, and notes diesel price reforms and expenditure reprioritisation as strengthening the credibility of the consolidation roadmap. en-us Wed, 27 Feb 2013 13:49:24 +0530 Wed, 27 Feb 2013 13:49:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4791 Fiscal consolidation in 2012-13 shows marked improvement for the Central Government and continued State progress; staying on the consolidation path is critical for higher growth, lower inflation and easing current account deficit financing. The Survey promotes widening the tax base and privatisation of expenditure as key measures for medium term deficit reduction, highlights petroleum subsidies as a major fiscal risk, and notes diesel price reforms and expenditure reprioritisation as strengthening the credibility of the consolidation roadmap. News - Wed, 27 Feb 2013 13:49:24 +0530 https://www.taxtmi.com/news?id=4791