Finance Minister: India economy has witnessed significant improvement in the macroeconomic stability in terms of low levels of inflation, Fiscal Deficit (FD) and Current Account Deficit (CAD); This robust outcome was made possible by the slew of policy measures and structural reforms undertaken by the present Government in last 19 months to address the critical problems of stimulating and stabilizing the economy

Finance Minister: India economy has witnessed significant improvement in the macroeconomic stability in terms of low levels of inflation, Fiscal Deficit (FD) and Current Account Deficit (CAD); This robust outcome was made possible by the slew of policy measures and structural reforms undertaken by the present Government in last 19 months to address the critical problems of stimulating and stabilizing the economy https://www.taxtmi.com/news?id=15367 Macroeconomic consolidation has strengthened with lower inflation, reduced fiscal and current account deficits, and improving growth attributed to structural reforms and policy measures over the prior 19 months. The Government pursued enhanced public investment, restarting stalled projects, improved resource allocation procedures, a clarified monetary policy framework, and greater fiscal federalism. Fiscal consolidation continued alongside increased capital expenditure and buoyant tax revenues. Financial-sector measures-bank recapitalization, loan restructuring, and remedial duties for affected industries-were advanced to address nonperforming assets and sectoral weaknesses while promoting financial inclusion and rural credit. en-us Sat, 19 Dec 2015 09:21:02 +0530 Sat, 19 Dec 2015 09:21:02 +0530 TaxTMI RSS Generator Finance Minister: India economy has witnessed significant improvement in the macroeconomic stability in terms of low levels of inflation, Fiscal Deficit (FD) and Current Account Deficit (CAD); This robust outcome was made possible by the slew of policy measures and structural reforms undertaken by the present Government in last 19 months to address the critical problems of stimulating and stabilizing the economy https://www.taxtmi.com/news?id=15367 Macroeconomic consolidation has strengthened with lower inflation, reduced fiscal and current account deficits, and improving growth attributed to structural reforms and policy measures over the prior 19 months. The Government pursued enhanced public investment, restarting stalled projects, improved resource allocation procedures, a clarified monetary policy framework, and greater fiscal federalism. Fiscal consolidation continued alongside increased capital expenditure and buoyant tax revenues. Financial-sector measures-bank recapitalization, loan restructuring, and remedial duties for affected industries-were advanced to address nonperforming assets and sectoral weaknesses while promoting financial inclusion and rural credit. News - Sat, 19 Dec 2015 09:21:02 +0530 https://www.taxtmi.com/news?id=15367