Gandhinagar, May 12 (IANS) In alignment with Prime Minister Narendra Modi’s recent appeal for what he termed “economic self-defence”, Gujarat Governor Acharya Devvrat has announced a series of measures aimed at reducing fuel consumption and encouraging the use of public transport within official and educational systems. The initiative follows the Prime Minister’s address in Hyderabad on Sunday, where he urged citizens to contribute to economic resilience amid global uncertainties.In his …
Latest Economic Efficiency News & Updates
New Delhi, Feb 3 (IANS) The 16th Finance Commission’s (FC) recommendations represent a decisive shift towards incentivising economic efficiency, strengthening local governance, improving fiscal transparency and reinforcing debt sustainability, while continuing to support higher capital spending by states, a report showed on Tuesday.The 16th FC retained the vertical devolution of Union taxes to states at 41 per cent of the divisible pool for FY2027–FY2031, in line with the 15th Finance Commis…