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Fiscal Responsibility and Budget Management News

FRBM. Economic Survey

31 Jan 2017

Need to modify FRBM Act for tomorrow's India: Economic Survey

The 13-year old FRBM Act will need to be modified to provide fiscal policy direction for "the India of tomorrow", the Economic Survey said today.

Government Panel

23 Jan 2017

'FRBM panel to relax 2017-18 fiscal deficit target to 3-3.5%'

The government panel set up to review the working of Fiscal Responsibility and Budget Management (FRBM) Act, is expected to relax the fiscal deficit target to 3-3.5 per cent of GDP for 2017-18, says a report.

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