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Atanu Chakraborty: Latest News

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08.05.2020 / 18:12

Covid-19: Govt signals fiscal slippage with sharp rise in FY21 market borrowing

New Delhi: The Centre on Friday sharply increased its gross borrowing programme for FY21 to ₹12 trillion for FY21 from the budgeted ₹7.8 trillion, signalling major slippage in fiscal deficit amid rising pressure on both revenue and expenditure fronts owing to the Covid-19 pandemic.

Atanu Chakraborty city New Delhi India covid-19 pandemic economy Government

₹111 trillion infrastructure plan to push growth

Out of the total expected capital expenditure of ₹111 lakh crore, 40% of the projects worth ₹ ₹lakh crore are under implementation, projects worth ₹ ₹lakh crore or 30% of them are at conceptual stage

Atanu Chakraborty city New Delhi recommendations economy Department

Govt reshuffles secretary portfolios as it gets battle-ready against covid-19

The centre on Sunday appointed 23 new secretaries including Tarun Bajaj as the new economic affairs secretary and Rajesh Verma as the corporate affairs secretary triggered by superannuation of existing secretaries in various departments.

Atanu Chakraborty covid-19 Government Department

Govt plans fiscal stimulus to jumpstart economy

NEW DELHI : The Union government on Tuesday expressed readiness to provide a fiscal stimulus to jumpstart the economy hobbled by the coronavirus outbreak, apart from providing support to the healthcare and industrial sectors.

Atanu Chakraborty city New Delhi covid-19 economy Government crisis

Govt ready to step up expenditure to fight Covid-19: DEA secretary

Government will frontload its borrowing programme by issuing government securities worth ₹4.88 trillion or 62.56% of its gross borrowing target for FY21 in the first half (April-September) of the year. In FY20 also, the finance ministry had issued bonds worth 62.25% of its full-year target of ₹7.1 trillion.

Atanu Chakraborty covid-19 outbreak Government crisis

₹ 4.88 trillion in April-September 2020

The government plans to borrow about ₹19,000 crore weekly on an average, Economic Affairs Secretary Atanu Chakraborty said

Nirmala Sitharaman Atanu Chakraborty city New Delhi 2020 pandemic Government Coronavirus

COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Detail statistic

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