Parliamentary panel for forward-looking surveys on private capex https://ift.tt/8pHIPVG a report on the action taken by the government on its various earlier suggestions, the panel headed by BJP leader Jayant Sinha has also asked the government to closely monitor the progress of its capital expenditure to ensure that actual spending is in sync with the record budgetary outlay and achieve desired multiplier effect on economic growth and employment.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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