Assam’s huge revenue and fiscal deficits to the tune of Rs.8,000 crore, has several economic consequences. The 2017-18 budget shows two figures of fiscal deficit, at Rs.7,702 crore, while the primary deficit is pegged at Rs.3,956 crore. The revenue collection recorded a surplus of Rs.2,400 crore. Indeed there is a rise on the count of …
Continue reading "Financial slugfest"
March 26, 2017Assam’s huge revenue and fiscal deficits to the tune of Rs.8,000 crore, has several economic consequences. The 2017-18 budget shows two figures of fiscal deficit, at Rs.7,702 crore, while the primary deficit is pegged at Rs.3,956 crore. The revenue collection recorded a surplus of Rs.2,400 crore. Indeed there is a rise on the count of …
Continue reading "Financial slugfest"
March 26, 2017