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How W.Bengal put brakes on growing fiscal deficit

With only a few days to go before the state budget, it would be interesting to watch how state financial advisor Amit Mitra put brakes on the growing fiscal deficit in the state.Experts are of the opinion that the state financial condition was . ....

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Explained: How West Bengal put brakes on growing fiscal deficit

Interestingly enough, West Bengal s debt-GSDP ratio stood at its peak in 2010-11 at 41.9 per cent, according to a NITI Aayog-sponsored survey conducted by IIM Calcutta. ....

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As Bengal's debt piles up, state govt applies brakes on spending

Recently West Bengal Chief Minister Mamata Banerjee directed all the departments to cut down unnecessary expenditure beyond the approved budget and not to take any new project without the approval of the Chief Secretary or the finance department. This made it obvious that the government is trying to negotiate the financial burden imposed by the non-planned expenditure of the ....

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As Bengal's debt piles up, state govt applies brakes on spending

Recently West Bengal Chief Minister Mamata Banerjee directed all the departments to cut down unnecessary expenditure beyond the approved budget and not to take any new project without the approval of the Chief Secretary or the finance department. ....

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Bengal's market borrowing rises manifold to meet non-plan expenditure

A quantum leap in the market borrowing by the West Bengal government in the current financial year gives a strong impression that the state government is currently trying to meet the additional expenses needed for social schemes like Swastha . ....

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