https://www.taxtmi.com/news?id=12886 Fiscal consolidation is framed as the principal policy objective, with the Economic Survey reporting containment of the 2013-14 fiscal deficit and urging consolidation through a higher tax to GDP ratio rather than chiefly by cutting expenditure. The Survey attributes consolidation to proactive policy action and records a decline in central and state governments' outstanding liabilities as a share of GDP. It also highlights moderating Wholesale and Consumer Price Inflation, expected to continue downward. en-us Wed, 09 Jul 2014 12:38:32 +0530 Wed, 09 Jul 2014 12:38:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12886 Fiscal consolidation is framed as the principal policy objective, with the Economic Survey reporting containment of the 2013-14 fiscal deficit and urging consolidation through a higher tax to GDP ratio rather than chiefly by cutting expenditure. The Survey attributes consolidation to proactive policy action and records a decline in central and state governments' outstanding liabilities as a share of GDP. It also highlights moderating Wholesale and Consumer Price Inflation, expected to continue downward. News - Wed, 09 Jul 2014 12:38:32 +0530 https://www.taxtmi.com/news?id=12886