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  • Showing posts with label Insurability. Show all posts
    Showing posts with label Insurability. Show all posts

    Lower plan expenditure helps government compress budget gap

    A sharp fall in plan expenditure has helped pull India's fiscal deficit for last financial year below the government's estimate, but the cut in spending on productive activities has left an impact on the economy. The deficit, or the shortfall in the government's revenue to meet expenses, narrowed to 4.5% of gross domestic product in the year ended on March 31, compared with 4.9% initially estimated in the 2013-14 budget and the revised 4.6% given out with the interim budget for 2014-15 in February. Plan...

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