https://www.taxtmi.com/news?id=23606 The document states that the Government adopted a calibrated fiscal policy response under Aatma Nirbhar Bharat combining demand- and supply-side measures-including elevated capital expenditure, targeted incentives, food and direct transfers, credit guarantees and Extra Budgetary Resources-to cushion the pandemic shock and support recovery. It highlights higher capital outlays, a temporary rise in fiscal and revenue deficits, recovery in GST collections, planned non-debt capital receipts and an allowance for states to take additional borrowings up to 2% of GSDP conditional on reforms. en-us Fri, 29 Jan 2021 16:57:32 +0530 Fri, 29 Jan 2021 16:57:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23606 The document states that the Government adopted a calibrated fiscal policy response under Aatma Nirbhar Bharat combining demand- and supply-side measures-including elevated capital expenditure, targeted incentives, food and direct transfers, credit guarantees and Extra Budgetary Resources-to cushion the pandemic shock and support recovery. It highlights higher capital outlays, a temporary rise in fiscal and revenue deficits, recovery in GST collections, planned non-debt capital receipts and an allowance for states to take additional borrowings up to 2% of GSDP conditional on reforms. News - Fri, 29 Jan 2021 16:57:32 +0530 https://www.taxtmi.com/news?id=23606