Rajasthan: Public Finance and fiscal Policy

Rajasthan: Public Finance and fiscal Policy Due to creation of huge liabilities in earlier years, State remains into revenue deficit and fiscal deficit also increase to 3.13 per cent of GSDP in the year 2014-15. During 2015-16, there was a revenue deficit of 5,954 crore and fiscal deficit was 9.38 per cent of GSDP (with UDAY … Read more Rajasthan: Public Finance and fiscal Policy

Rajasthan : Main Features of budgets

Rajasthan : Main Features of budgets      The Minister of Finance of Rajasthan, Ms. Vasundhara Raje, presented the Budget for Rajasthan for the financial year 2016-17 on March 8, 2016.   The Gross State Domestic Product of Rajasthan for 2016-17 is estimated to be Rs 7,67,167 crore. This is 13.8% higher than the estimates … Read more Rajasthan : Main Features of budgets

Main Features of Budget of Goa

Main Features of Budget of Goa The GSDP at constant (2011-12) prices for the year 2015-16 (Quick Estimates) is estimated at above 37,520 crore as against 34611 crore in the year 2014-15 thereby reflecting a growth of 8.41 percent as against 9.64% in 2014-15. Growth rate projected an 11% growth in the GSDP(Gross state domestic … Read more Main Features of Budget of Goa

Goa : Tax and Economic Reforms

Goa : Tax and Economic Reforms The economic liberalization in India , initiated in 1991, with principles of Liberalization , Privatization and Globalization (LPG) of the country’s economic policies, with the goal of making the economy more market and service-oriented and expanding the role of private and foreign investment. Specific changes include a reduction in import tariffs, … Read more Goa : Tax and Economic Reforms