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Government constitutes a five Member Committee to comprehensively review and give recommendations on the FRBM roadmap for the future

News and Press Release - Dated:- 18-5-2016 - In pursuance of the Budget Announcement 2016-17, the Government has constituted a five Member Committee to comprehensively review and give recommendations on the FRBM roadmap for the future. The compositio .....

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) Dr. Arvind Subramanian, Chief Economic Advised (CEA) : Member (iv) Shri Urijit Patel,Deputy Governor,RBI: Member (v) Shri Rathin Roy, Director, NIPFP: Member The Terms of Reference (ToR) of the Committee are as under: (i) To review the working of t .....

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various aspects, factors, considerations going into determining the FRBM targets (iii) To examine the need and feasibility of having a fiscal deficit range as the target in place of the existing fixed numbers(percentage of GDP) as fiscal deficit tar .....

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