New Delhi, March 11 (IANS) The NITI Aayog on Wednesday launched the second annual edition of the “Fiscal Health Index” to provide a comprehensive and comparable assessment of the fiscal performance of Indian states. The Index has been designed as a data-driven framework to evaluate fiscal soundness, guide reforms, and promote evidence-based fiscal policy making across states.At a time when global public finances are under mounting pressure, the sustainability of sub-national finances has assumed…
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New Delhi, Dec 25 (IANS) Apex business chamber CII on Thursday proposed a four-pronged fiscal strategy ahead of the Union Budget 2026-27 that includes debt stability, fiscal transparency, revenue mobilisation and expenditure efficiency.According to a CII statement, at the core of the roadmap is adherence to the government’s debt glide path targeting 50 per cent (plus or minus 1 per cent) of GDP by FY31. Maintaining Central debt at roughly 54.5 per cent of GDP and the fiscal deficit at 4.2 per …