The Union Finance Minister Shri Arun Jaitley holds Pre-Budget consultations with the Finance Ministers of all States/ UTs (with legislature); FM: Various steps taken by the Central Government in recent past to unearth black money will help in curbing corruption and making the Indian economy more cleaner, transparent and efficient; Asks the States to work together for putting India on the path of higher growth https://www.taxtmi.com/news?id=17213 Pre-budget consultations emphasised cooperative fiscal planning: the Finance Minister linked anti-black-money measures to greater transparency and urged States to collaborate on sustaining growth. States/UTs submitted written and oral suggestions seeking FRBM flexibility to raise borrowing, expanded rural banking, fiscal stimulus, increased allocations for rural employment, water, agriculture, MSMEs and services, higher NABARD refinancing for cooperative bank loans to farmers, raised MSPs for pulses and coarse cereals, timely release of Centrally Sponsored Scheme funds, inter-state green energy corridors, resolution of oil royalty issues, and greater certainty and advance notice on fund devolution, while recommending Budget reinvention and a move toward resource federalism. en-us Thu, 05 Jan 2017 09:51:39 +0530 Thu, 05 Jan 2017 09:51:39 +0530 TaxTMI RSS Generator The Union Finance Minister Shri Arun Jaitley holds Pre-Budget consultations with the Finance Ministers of all States/ UTs (with legislature); FM: Various steps taken by the Central Government in recent past to unearth black money will help in curbing corruption and making the Indian economy more cleaner, transparent and efficient; Asks the States to work together for putting India on the path of higher growth https://www.taxtmi.com/news?id=17213 Pre-budget consultations emphasised cooperative fiscal planning: the Finance Minister linked anti-black-money measures to greater transparency and urged States to collaborate on sustaining growth. States/UTs submitted written and oral suggestions seeking FRBM flexibility to raise borrowing, expanded rural banking, fiscal stimulus, increased allocations for rural employment, water, agriculture, MSMEs and services, higher NABARD refinancing for cooperative bank loans to farmers, raised MSPs for pulses and coarse cereals, timely release of Centrally Sponsored Scheme funds, inter-state green energy corridors, resolution of oil royalty issues, and greater certainty and advance notice on fund devolution, while recommending Budget reinvention and a move toward resource federalism. News - Thu, 05 Jan 2017 09:51:39 +0530 https://www.taxtmi.com/news?id=17213