School of Economics | Indian Economic Survey
200
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Fiscal Developments The Central Government finances went through considerable degree of consolidation in the last three years, aided by buoyant tax revenues that largely sprang from additional revenue measures and subsidy reduction related to reduced petroleum prices. The quality of spending improved with a gradual tilt towards...

*_The Hindu Editorial - * It has been about five years since the Supreme Court ordered the Sahara Group, led by Subrata Roy, to refund money that it borrowed from investors without sufficient regulatory clearance. But the Securities and Exchange Board of India, which was tasked...