DOCSLIB.ORG

Pre Budget 2016-17

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Pre Budget 2016-17 LIBRARY NATIONAL INSTITUTE OF PUBLIC FINANCE AND POLICY 18/2- SATSANG VIHAR MARG, SPECIAL INSTITUTIONAL AREA, New Delhi-110067 NIPFP Library and Information Centre National Institute of Public Finance and Policy New Delhi Library and Information Centre of NIPFP gets roughly 13 newspapers among these 5 business newspapers are scanned and its clipping are selected & indexed in WINISIS software. Special care is taken to ensure that no important news event is left out of this selection. The arrangement of the clippings has been done with bibliography of authors-wise alphabetical index. This bulletin has the edited full text and it has been arranged serial number wise. Dr. Mohd. Asif Khan C O N T E N T S Bibliography of Newspaper Article 1-9 Bibliography Author Index 10 Full Text Author Index 10 Edited Full Text (Serial No. Wise) 11 Bibliography of Newspaper Articles ____________________________________________________ PRE BUDGET 1. Acharya,Shankar. Budget 2016 - Stick to basics: In a fragile global economic context, the Budget should err on the side of prudence. Business Standard, Feb 11, 2016, p.11. Global economy; Goods and Services Tax(GST); Employment and labour 2. Balaji,R.; Kumar,V. Sanjeev. Rationalisation of subsidies is key: Pricing policies, labour issues among other concerns of farm and fertiliser sectors. Financial Express, Feb 23, 2016, p.6. Agriculture; Fertiliser; Subsidy 3. Banerjee,Chandrajit. Budget 2016-17 should step up capital expenditure, implement tax reforms: The upcoming Budget should step up capital expenditure and implement tax reforms. Financial Express, Feb 2, 2016, p.9. Investment and savings; Infrastructure development; Rural development; Corporate tax 4. Banerjee,Sushim. In India, finished steel consumption, which has been estimated at 81 MT in 2015, is envisaged to grow to 114 MT in 2020 and to 155 MT in 2025. Financial Express, Feb 2, 2016, p.14. Steel industry; Foreign direct investment 5. Bhagwati,Jaimini. Jump-start investment: Budget should raise revenues reduce spending to increase capital expenditure, without compromising fiscal deficit target excessively. Business Standard, Feb 17, 2016, p.1,2. Agriculture 6. Bhattacharya,Arundhati. Monetary policy in wait-and-watch mode: WIth an enhanced LCR and lagging deposit growth, RBI has to proactively manage the liquidity deficit in the system. Financial Express, Feb 3, 2016, p.8. Monetary policy; Foreign direct investment 1 7. Birla,Sidharth. Do it right, right now: The time for discussing ideas is long gone. It's time for the Centre to deliver on them. Business Line, Feb 10, 2016, p.8. Prices; Oil and natural gas; Tax law; Investment and savings 8. Boost to make in India, rationalisation of taxes high on budget agenda: Adhia. Economic Times, , Feb 18, 2016, p.19. Taxation; Make-in-India; Gross domestic product 9. Budget 2016 expected to address education infra, quality: The Indian education sector with its sheer size and potential for social impact is difficult to ignore for our finance minister. Yet, the sector has not been able to garner adequate interest or funds from the government since Independence. Financial Express, Feb 17, 2016, p.19. Infrastructure development; Education 10. Budget 2016 to focus on farmers, jobs, poverty eradication - The upcoming Budget will be citizen-centric with a focus on farm sector, job creation and eradication of poverty, Minister of State for Finance Jayant Sinha said today. Financial Express, Feb 21, 2016, p.3. Agriculture; Poverty; Employment and labour 11. Budget to bet on spurring growth: Global economy and market movements are far more unpredictable today. Hindu, Feb 23, 2016, p.15. Fiscal deficit; Economic growth; World economy 12. Centre, states should work in unison to boost growth. Financial Express, Feb 7, 2016, p.3. Economic growth; Poverty; Infrastructure development 13 Chakraborty,Pinaki. Can Higher fiscal deficit revive investment demand. Mint, Feb 24, 2016, p.6. National income; Investment and savings; 7 th Pay Commission 14 Chatterjee,Purvita. Pinning all hopes on GST: FMCG firms expect to pass on the money they save through the tax to consumers. Business Line, Feb 15, 2016, p.18. Goods and Services Tax(GST) 2 15. Crisil puts budget focus on agriculture. Financial Express, Feb 17, 2016, p.1,2. Agriculture 16. Crop, agricultural must be equally strong. Economic Times, Feb 1, 2016, p.15. Economic policy; Taxation; Goods and Services Tax(GST) 17. Deloitte survey: CFOs pitch for more capex in Budget - Majority also okay with some deferring of fiscal consolidation schedule. Business Standard, Feb 20, 2016, p.6. 7th Pay Commission; Infrastructure development 18. Dhoot,Vikas. Experts want body to oversee budget: States have constraints in managing their finances as RBI controls their deficit. Hindu, Feb 21, 2016, p.15. 14th Finance Commission Recommendation; Fiscal Responsibility and Budget Management Act(FRBM) 19. Dhoot,Vikas. Union budget may boost take-home salaries: In the formal sector, 24 per cent of the employee's salary is deducted toward the Provident Fund account. Hindu, Feb 12, 2016, p.16. Employment and labour; Investment and savings; Employees Provident Fund(EPF) 20. Dimri,Rajeev. Revamping the indirect tax regime: Doing away with multiple tax rates, phasing out of various exemptions, and changing credit rules and regulations can set a foundation for the proposed GST regime. Financial Express, Feb 23, 2016, p.9. Indirect tax; Goods and Services Tax(GST); Foreign direct investment 21. Ghosh,Jaydeep; Nair,Priya. Departure time gets a new meaning in aviation: Stressful work schedules and limited growth opportunities are taking a toll on a large number of senior professionals in airlines. Business Standard, Feb 22, 2016, p.11. Income tax 22. Global bright spot: Moody's, OECD see `robust' growth for India in 2016-17 – Economic outlook will be determined by domestic factors; large services exports are a plus point . Business Line, Feb 19, 2016, p.1,7. Economic outlook; Export; Economic growth; Budget 3 23. Gupta,Anand P. What Budget 2016-17 should focus on: Deficit is not necessarily a bad thing. What matters is that the money is used efficiently. Business Standard, Feb 3, 2016 , p.10. Export; Fiscal deficit; Public goods and services 24. Gurumurthi,Sitharam. Finance panel casts shadow on Budget. Business Line, Feb 4, 2016 , p.9. Centre stae financial relation; 14th Finance Commission 25. Joshi,P.K.; Roy,Devesh. Controlling the pulse of pulses: While long-term solution will rely on increasing production, an outlay of a mere Rs 700 crore in the Union Budget can start restructuring the pulses sector. Financial Express, Feb 20, 2016, p.9. Production; Pluses; Subsidy 26. Khattar,Gautam. Will GST see the light of day next fiscal?: In the Budget session of Parliament, the government could finally take steps towards the biggest transformation in the history of indirect taxation of India. Financial Express, Feb 16, 2016, p.9. Indirect taxation; Goods and Services Tax(GST) 27. Lahiri,Ashok. Macro-developments Budget challenges: It is best to stick to the announced fiscal targets, since frequently moving them risks losing credibility. Business Standard, Feb 3, 2016, p.11. Economic growth; Fiscal Responsibility and Budget Management Act(FRBMA) 28. Macroeconomic stability the key: Any further rate cuts will depend on the budget. Economic Times, Feb 3, 2016, p.24. Monetary policy; Interest rate; Inflation 29. Mantri,Sanjeev. Budget ideas: Critical impetus needed to increase reach - The Budget will be presented against the backdrop of a challenging macro environment. Financial Express, Feb 19, 2016, p.15. Insurance Amendment Bill 2015; Health insurance 4 30. Mazumdar-Shaw,Kiran. Pharma and biotech sector must get its due in Budget. Hindu, Feb 5, 2016, p.15. Pharma industry; Global economy; Small economic zones 31. Mazumder,Sumit. Budget can reset growth: The Centre must carefully calibrate a range of policy and tax measures. Business Line, Feb 8, 2016, p.16. Taxation; Make-in-India; Fiscal deficit 32. Mehta,Eric; Pai,P. Reducing TP tax disputes is a must. Financial Express, Feb 23, 2016, p.9. Transfer pricing; Make-in-India 33. Mehta,Vikram S. Looking forward to a big bang Budget: The global economy is in trouble, but India is attracting positive comment. The finance minister must make the most of the moment. Financial Express, Feb 2, 2016, p.9. Global economy; Industrial development 34. Mishra,Gitanjali. Budget 2016 must encourage digital payments: Policymakers must wean consumers and merchants away from cash if payments banks are to succeed. Financial Express, Feb 22, 2016, p.6. Economic policy; Banks and banking; Jan Dhan Yojana 35. Muralidharan,R. A budget may simplify the indirect tax system. Financial Express, Feb 4, 2016, p.9. Indirect taxes; Goods and Services Tax(GST) 36. NITI aayog to Finance Ministry: Stay on fiscal consolidation road map. Business Standard, Feb 2, 2016, p.5. Fiscal deficit; NITI Aayog; Monetary policy; International Monetary Fund(IMF) 37. Oberoi,Viresh. Conducive start-up regime needed: The government's role in making the journey smoother for start-ups begins with providing basic infrastructure. Electricity, ports, roads as also last-mile connectivity are the pillars on which entrepreneurs will build their business and value proposition. Financial Express, Feb 18, 2016, p.9. 5 Infrastructure development; Electricity and power 38. Prasad,R. More economic surplus for citizens: The Budget day arrives shortly. The issues facing the country are manifold-a shortage of demand in the market, sharp fall in the domestic savings rate and the bad financial position of the public sector banks. Financial Express, Feb 16, 2016, p.9. Education; Health; Tax rate 39. Rajan puts the ball in Jaitley's court: Says monetary policy can achieve 'only so much' for growth. Business Standard, Feb 3, 2016, p.1,6. Monetary policy; Interest rate 40. Rao,M.Govinda. Budget FY17: A tightrope walk - Innovative revenue generation measures must for maintaining fiscal deficit targets.
Load more

Recommended publications
  • Vividh Bharati Was Started on October 3, 1957 and Since November 1, 1967, Commercials Were Aired on This Channel
    22 Mass Communication THE Ministry of Information and Broadcasting, through the mass communication media consisting of radio, television, films, press and print publications, advertising and traditional modes of communication such as dance and drama, plays an effective role in helping people to have access to free flow of information. The Ministry is involved in catering to the entertainment needs of various age groups and focusing attention of the people on issues of national integrity, environmental protection, health care and family welfare, eradication of illiteracy and issues relating to women, children, minority and other disadvantaged sections of the society. The Ministry is divided into four wings i.e., the Information Wing, the Broadcasting Wing, the Films Wing and the Integrated Finance Wing. The Ministry functions through its 21 media units/ attached and subordinate offices, autonomous bodies and PSUs. The Information Wing handles policy matters of the print and press media and publicity requirements of the Government. This Wing also looks after the general administration of the Ministry. The Broadcasting Wing handles matters relating to the electronic media and the regulation of the content of private TV channels as well as the programme matters of All India Radio and Doordarshan and operation of cable television and community radio, etc. Electronic Media Monitoring Centre (EMMC), which is a subordinate office, functions under the administrative control of this Division. The Film Wing handles matters relating to the film sector. It is involved in the production and distribution of documentary films, development and promotional activities relating to the film industry including training, organization of film festivals, import and export regulations, etc.
    [Show full text]
  • Chapter 1 INTRODUCTION 1.1 the Thirteenth Finance Commission
    1 Chapter 1 INTRODUCTION 1.1 The Thirteenth Finance Commission has the unique opportunity to review and draw inferences from nearly six decades of federalism in public finance management of the nation. Based on such inferences, a much needed course correction can be initiated, reversing a trend that has been eroding the very concept of fiscal federalism. Government of Kerala would earnestly plead for such a focus in the work of this Commission. 1.2 Articles of the Constitution between 268 and 275 have designed a well-structured system whereby States get benefit from the Centre’s taxation power. The purpose is clear from the wording of Article 275 which is the final residual Article in this structure. Aid to the revenues of States is what the makers of Constitution had in mind. This really gives Finance Commission the authority to deal with the entire area where States’ revenues are applied – not just one part like non-plan revenue account expenditure. But Commissions chose to confine themselves to that area (with only one exception in recent times – Second report of the Ninth Finance Commission covering the period 1990- 95). Over the years, somehow it came to be accepted that Finance Commissions’ main task is to try and balance the non-plan revenue account of Stat es. 1.3 Whenever Commissions chose (or were asked) to look into other aspects, it was either for providing supplementary provisions for developmental expenditure (like special problem grants) or admonish States and guide them out of what was perceived to be their fiscal imprudence. The administration of such condition based grants and debt relief schemes was entrusted with Central Government Ministries.
    [Show full text]
  • April 2020 Monthly Current Affairs Pdf English
    winmeen.com 2020 APR 01 1. What is the deadline for completion of insolvency Manila–based Asian Development Bank (ADB) is to invest $100 million equivalent in the National resolution processes, as per the Insolvency and Investment and Infrastructure Fund – NIIF’s Funds. Bankruptcy code regulations? ADB joins the Government of India and Asian [A] 365 days B] 325 days Infrastructure Investment Bank (AIIB) as an investor in one of the instruments of NIIF of India. NIIF is an [C] 330 days [D] 331 investment platform for Indian and international As per the regulations of the Insolvency and investors where they are mandated to invest equity Bankruptcy Board of India (IBBI), the overall deadline capital in domestic infrastructure. for completion of insolvency resolution processes is 330 days. 4. Which space company has received the contract of NASA to ferry cargo and supplies to the agency’s Recently, IBBI announced that against the backdrop of proposed lunar space station? the 21 day lockdown, IBBI has relaxed the timelines to be followed under the overall 330 day deadline. The [A] Blue Origin [B] SpaceX lockdown period will not be counted for the purpose of timelines under the IBBI regulations for Corporate [C] Astra Space [D] Exos Aerospace Insolvency Resolution Process. NASA has recently selected a new space capsule from 2. Which Indian newspaper that was being published in Elon Musk–owned SpaceX to ferry cargo and supplies to be used in its proposed lunar space station. the United States for 50 years has ceased its printed edition? The Lunar space station aims to build a permanent post on the moon and mount future missions to Mars.
    [Show full text]
  • At the Crossroads
    at the Crossroads SUSTAINING GROWTH AND REDUCING POVERTY ©International Monetary Fund. Not for Redistribution This page intentionallyleft blank ©International Monetary Fund. Not for Redistribution at the Crossroads SUSTAINING GROWTH AND REDUCING POVERTY EDITED BY Tim Callen Patricia Reynolds Christopher Towe INTERNATIONAL MONETARY FUND ©International Monetary Fund. Not for Redistribution 2001 International M netary Fund © o Production: IMF Graphics Section Cover design: Lai Oy Louie Library of Congress Cataloging-in-Publication Data India at the crossroads p. em. ISBN 1-55775-992-8 (alk. paper) 1. India--Economic policy--1980. 2. India--Economic conditions--1947- 3. Fiscal policy--India. 4. Sustainable development--India. HC435.2 .1484 2001 330.954--dc21 00-054132 Price: $2 7.00 Address orders ro: External Relations Department, Publication Services International Monetary Fund, Washington D.C. 20431 Telephone: (202) 623-7430; Te lefax: (202) 623-7201 E-mail: [email protected] Internet: http:l/www.imf.org ©International Monetary Fund. Not for Redistribution Contents Page Foreword . vii Acknowledgments . ix Overview 1. Christopher Towe 1 PART I. Preserving External Stability India and the Asia Crisis 2. Christopher To we . 11 3. Assessing India's External Position Tim Callen and Paul Cashin . 28 PART II. Fiscal Challenges 4. Tax Smoothing, Financial Repression, and Fiscal Deficits in India Paul Cashin, Nilss Olekalns, and Rama Sahay . 53 5. Fiscal Adjustment and Growth Prospects in India Patricia Reynolds . 75 PART III. Monetary and Financial Sector Policies Modeling and Forecasting Inflation in India 6. Callen . 105 Tim The Unit Trust of India and the Indian Mutual Fund 7. Industry Anna Ilyina . 122 ©International Monetary Fund.
    [Show full text]
  • FUNDS RECOMMENDED by 12Th FINANCE COMMISSION and RELEASED by GOVT
    FUNDS RECOMMENDED BY 12th FINANCE COMMISSION AND RELEASED BY GOVT. OF INDIA IN DIFFERENT YEARS (Rs. in Crores) Released by Recommendation Released by Recommendation Released by Recommendation Recommendation Released Recommendation Released by Recommendation Released by SL PURPOSES / SCHEMES GOI by of TFC GOI of TFC GOI of TFC of TFC by GOI of TFC GOI of TFC GOI (31.12.07) 2005-06 2006-07 2007-08 2008-09 2009-10 2005-10 1 Non-plan Revenue Deficit Grant. 488.04 488.04 0.00 0.00* 0.00 0.00 0.00 0.00 0.00 0.00 488.04 488.04 2 Central Share of Calamity Relief 226.16 226.16 232.68 232.68 239.53 239.53 246.73 324.50 254.27 0.00 1199.37 1022.87 3 Top up Grant for Education Sector 53.49 53.46 58.57 58.57 64.13 64.13 70.22 35.11 76.89 0.00 323.30 211.27 4 Top up Grant for Health Sector 31.22 31.22 34.81 34.81 38.81 19.41 43.28 21.64 48.25 0.00 196.37 107.08 5 Maintenance of Roads & Bridges. 0.00 0.00 368.77 368.77 368.77 368.77 368.77 368.77 368.77 0.00 1475.08 1106.31 6 Maintenance of Public Buildings. 0.00 0.00 97.28 97.28 97.28 97.28 97.29 48.65 97.29 0.00 389.14 243.21 7 Maintenance of Forests. 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 0.00 75.00 60.00 8 Heritage Conservation 0.00 0.00 12.50 12.50 12.50 12.50 12.50 9.37 12.50 0.00 50.00 34.37 9 State Specific Need (a+b) 0.00 0.00 42.50 40.50 42.50 3.75 42.50 46.44 42.50 0.00 170.00 131.44 a) Chilika Lake 0.00 0.00 7.50 7.50 7.50 3.75 7.50 11.44 7.50 0.00 30.00 26.44 b)Sewerage System for Bhubaneswar 0.00 0.00 35.00 33.00 35.00 0.00 35.00 35.00 35.00 0.00 140.00 105.00 10 Grants for local bodies.
    [Show full text]
  • Thirteenth Finance Commission
    ADVOCACY PAPER THIRTEENTH FINANCE COMMISSION (2010-2015) Memoranda by the Government of Bihar and Political Parties & Professional Organisations & Brief Recommendations for the State Centre for Economic Policy and Public Finance Asian Development Research Institute 0 Publisher Centre for Economic Policy and Public Finance Asian Development Research Institute BSIDC Colony, Off Boring-Patliputra Road Patna – 800 013 (BIHAR) Phone : 0612-2265649 Fax : 0612-2267102 E-mail : [email protected] Website : www.adriindia.org Printer The Offsetters (India) Private Limited Chhajjubagh, Patna-800001 Disclaimer Usual disclaimers apply 1 CONTENTS Page No. PART A Brief Recommendations by the 4-8 Thirteenth Finance Commission PART B Bihar Government Memorandum 12-124 to the Thirteenth Finance Commission PART C Political Parties & Professional 130-207 Organisations’ Memorandum to the Thirteenth Finance Commission 2 PART A Brief Recommendations by the Thirteenth Finance Commission 3 Background In the existing federal financial arrangements of India, the financial resources are transferred from the centre to the states through a number of mechanisms. However, among them, it is the Finance Commission awards that are most important, both because of its size and the mandatory character of these recommendations. When the Thirteenth Finance Commission was formed in 2008, the Centre for Economic Policy and Public Finance (CEPPF) had already been established by the Government of Bihar in the Asian Development Research Institute (ADRI). As such, the CEPPF was entrusted with the responsibility of preparing the memorandum of the state government, to be presented to the Commission. For the three earlier Commissions, ADRI had presented a memorandum to the Tenth and Eleventh Finance Commission on its own behalf and, for the Twelfth Finance Commission, it had prepared and submitted a memorandum on behalf of all the political parties and professional organisations in the state.
    [Show full text]
  • BUDGET TRACK How Many Miles Before We Get Fiscal Policy Space Right? a Periodical That Discusses the Budget and Policy Priorities of the Government
    This document is for private circulation and not IN THIS ISSUE a priced publication. Copyright @ 2014 Centre for Budget and Significance of the Finance Commission Governance Accountability. The Diminution of the Finance Commission Reproduction of this publication for The 14th Finance Commission: With what porpoise? educational or other non-commercial purposes Paradigmatic Questions about the Mandate of the Fourteenth is authorized, without prior written Finance Commission permission, provided the source is fully acknowledged. Fourteenth Finance Commission in the context of emerging Centre–State Fiscal Relations ABOUT BUDGET TRACK How Many Miles Before We Get Fiscal Policy Space Right? A periodical that discusses the budget and policy priorities of the government. Reduced Fiscal Autonomy in States Erosion in Governance Capacity at the Sub-national Level CREDITS The Political Economy of Absorptive Capacity – Case of the Editorial Team: Health Sector Praveen Jha, Sona Mitra, Saumya Shrivastava, Volume 10, Track 1-2, October 2014 Subrat Das Panchayat Finances: Issues before the 14th Finance Commission CBGA Team: Suggestions for the Fourteenth Finance Commission on Amar Chanchal, Bhuwan C. Nailwal, Renewable Energy Gaurav Singh, Happy Pant, Strengthening Budget Transparency and Participation in India Harsh Singh Rawat, Jawed A. Khan, through the Pre-budget Process Jyotsna Goel, Kanika Kaul, Khwaja Mobeen Ur-Rehman, Manzoor Ali, Policy Asks for the 14th Finance Commission on Budget Nilachala Acharya, Pooja Rangaprasad, Transparency Priyanka
    [Show full text]
  • Olitical Amphlets from the Indian Subcontinent Parts 1-4
    A Guide to the Microfiche Edition of olitical amphlets from the Indian Subcontinent Parts 1-4 UNIVERSITY PUBLICATIONS OF AMERICA fc I A Guide to the Microfiche Collection POLITICAL PAMPHLETS FROM THE INDIAN SUBCONTINENT Editorial Adviser Granville Austin Associate Editor and Guide compiled by August A. Imholtz, Jr. A microfiche project of UNIVERSITY PUBLICATIONS OF AMERICA An Imprint of CIS 4520 East-West Highway • Bethesda, MD 20814-3389 Library of Congress Cataloging-in-Publicaîion Data: Indian political pamphlets [microform] microfiche Accompanied by a printed guide. Includes bibliographical references. ISBN 1-55655-206-8 (microfiche) 1. Political parties-India. I. UPA Academic Editions (Firm) JQ298.A1I527 1989<MicRR> 324.254~dc20 89-70560 CIP International Standard Book Number: 1-55655-206-8 UPA An Imprint of Congressional Information Service 4520 East-West Highway Bethesda, MD20814 © 1989 by University Publications of America Printed in the United States of America The paper used in this publication meets the minimum requirements of American National Standard for Information Sciences-Permanence of Paper for Printed Library Materials, ANSI Z39.48-1984. TABLE ©F COMTEmn Introduction v Note from the Publisher ix Reference Bibliography Part 1. Political Parties and Special Interest Groups India Congress Committee. (Including All India Congress Committee): 1-282 ... 1 Communist Party of India: 283-465 17 Communist Party of India, (Marxist), and Other Communist Parties: 466-530 ... 27 Praja Socialist Party: 531-593 31 Other Socialist Parties:
    [Show full text]
  • Introduction
    CHAPTER-1 INTRODUCTION 1.1 In pursuance of the provisions of Articles 243-I and 243-Y of the Constitution of India, read with the provision of Section 2 (I) of the Assam Finance Commission (Miscellaneous Provisions) Act, 1995, the Governor of Assam constituted the Third Assam State Finance Commission (TASFC) under notification No. FEA 182/2005/375 dated February 6, 2006. Shri H.N. Das, IAS (Rtd.) Ex-Chief Secretary to the Government of Assam (GOA) was appointed as Chairman. The Commissioners & Secretaries of the Departments of Finance, Panchayat & Rural Development, Urban Development and Guwahati Development Department were appointed as members. Shri H.N. Sharma, Director, Finance (Economic Affairs) Department was appointed as Secretary (A copy of the notification is at Annexure – 1.1). 1.2 However, due to certain procedural inadequacies of the original notification, the Commission had to be reconstituted. Accordingly, a fresh notification No. FEA 266/2005/65, dated July 3, 2006 was issued reconstituting TASFC (A copy of the notification is at Annexure – 1.2). The reconstituted body is as follows: 1. Shri H.N.Das, IAS (Retd.) Chairman Ex-Chief Secretary to the Government of Assam 2. Shri S.L. Mewara, IAS Member Commissioner & Secretary, P & RD 3. Shri Biren Dutta, IAS Member Commissioner & Secretary, UDD 4. Dr. Ashish Bhutani, IAS Member 1 Secretary, GDD 5. Shri K.V. Eapen, IAS Member- Secretary Commissioner & Secretary, Finance 1.3 Soon after reconstitution, Shri G.D. Tripathi, IAS, Joint Secretary, (presently Additional Secretary) Finance Department was appointed as Secretary, TASFC vide notification No. FEA 266/2005/80 dated July 25, 2006, in place of Shri H.N.Sharma who had been earlier appointed as Secretary (A copy of the notification is at Annexure -1.3).
    [Show full text]
  • World Bank Document
    Report No 19471-IN India Policies to Reduce Povertyand Public Disclosure Authorized Accelerate Sustainable Development January31, 2000 PovertyReduction and EconomicManagement Unit SouthAsia Region Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Documentof the World Bank CURRENCY Rs/ US$ Currency Official Unified Market a Prior to June 1966 4.76 June 6, 1966 to mid-December 1971 7.50 Mid-December 1971 to end-June 1972 7.28 1971-72 7.44 1972-73 7.71 1973-74 7.79 1974-75 7.98 1975-76 8.65 1976-77 8.94 1977-78 8.56 1978-79 8.21 1979-80 8.08 1980-81 7.89 1981-82 8.93 1982-83 9.63 1983-84 10.31 1984-85 11.89 1985-86 12.24 1986-87 12.79 1987-88 12.97 1988-89 14.48 1989-90 16.66 1990-91 17.95 1991-92 24.52 1992-93 26.41 30.65 1993-94 31.36 1994-95 31.40 1995-96 33.46 1996-97 35.50 1997-98 37.16 1998-99 42.00 September 1999 43.54 October 1999 43.45 November 1999 43.39 Note: The Indian fiscal year runs from April 1 through March 31. Source: IMF, International Finance Statistics (IFS), line "rf"; Reserve Bank of India. a A dual exchange rate system was created in March 1992, with a free market for about 60 percent of foreign exchange transactions. The exchange rate was reunified at the beginning of March 1993 at the free market rate. Vice President Mieko Nishimizu Country Director Edwin Lim Sector Director Roberto Zagha Staff Members Sanjay Kathuria, James Hanson ii TABLE OF CONTENTS C urrency .......................................................................
    [Show full text]
  • 13 Standing Committee on Finance
    STANDING COMMITTEE ON FINANCE 13 (1998-99) TWELFTH LOK SABHA MINISTRY OF FINANCE (DEPARTMENT OF ECONOMIC AFFAIRS) THE CONSTITUTION (EIGHTY-FIFTH AMENDMENT) BILL, 1998 THIRTEENTH REPORT .1') I,~·· ~-i P LOK SABHA SECRETARIAT , ,~) (,) I "\ NEW DELHI 1,(', J (-~ • "i Id)rl/llri/,/999/I'/1IIIXIIII1l , 192(1 (Silkil) THIRTEENTH REPORT STANDING COMMITTEE ON FINANCE (1998-99) (TWELFTH LOK SABHA) MINISTRY OF FINANCE (DEPARTMENT OF ECONOMIC AFFAIRS) THE CONSTITUTION (EIGHTY-FIFTH AMENDMENT) BILL, 1998 Presen ted to Lok Sabha on 24 February, 1999 Laid il1 Rajya Sablm em 24 February, 1999 LOK SABHA SECRETARIAT NEW DELHI February, 1999/Phalguna, 1920 (Saka) CO.E. No. 13 Price: Rs. 12.00 © 1999 By LoK SABHA SECRIITARIAT Published under Rule 382 of the Rules of Procedure and Conduct of Business in Lok Sabha (Ninth Edition) and Printed by Jainco Art India, Delhi. CONTENTS PAGE C( lMPOSITION OF THE COMMITTEE .............................................................. (iii) INTRODUCTION .............................................................................................. (V) REPORT ......................................................................................................... 1 ApPENDICES I. Minutes of the sitting of the Committee held on lR January, 1999 ................................................................. 7 II. Minutes of the sitting of Committee held on 17 February, 1999................................................. .............. 10 III. The Constitution (Eighty-Fifth Amendment) Bill, 1998 ....................................................................................
    [Show full text]
  • Finance Commission's Fiscal Transfers
    Chapter I INTRODUCTION The Finance Commission of India came into existence in 1951. The Finance Commission is established under article 280 of the Indian Constitution by the President of India. The Indian Finance Commission Act was passed to give a structured format to the Finance Commission of India as per the world structure of the modern Act was laid in the early 1920’s. The Finance Commission is formed to define the financial relations between the centre and the state. The Finance Commission Act of 1951 tells about the qualification, appointment, term, eligibility, disqualification and powers etc. The Finance Commission of India and also discuss about the constitution of Finance Commission. The four southern states of India are Andhra Pradesh, Karnataka, Tamil Nadu and Kerala. All the four states are classified as general category middle income states. Taken together, these four states contribute more than a quarter of output in India. Their share in the sum of GSDPs of all the states has also been large and growing. Even while their tax bases have been increasing and correspondingly their contribution to the base for the central taxes has also been growing, their share in the tax devolution and in the grants given by the central government has been coming down. This has significantly affected their capacity to provide services at an adequate level in terms of quantity and quality, particularly in relation to public goods like law and order and justice and merit goods like health and education. 2 Vertical fiscal transfers and horizontal fiscal transfers Vertical fiscal transfers arise when there is a simultaneous transfers between means and responsibilities, in two different tiers of government.
    [Show full text]