Welcome to the January 27, 2017 bulletin of key policy decisions and high-impact news, presented by the Embassy of India, Washington DC
KEY POLICY DECISIONS
New Fiscal Framework
The Government set-up a committee in May, 2016 under the Chairmanship of Mr. N.K. Singh to recommend a new fiscal framework for the country that addresses contemporary challenges, global economic developments and international best practices. The Report was submitted to the Finance Minister on 23th January, 2017. The Government is expected to use the Report for the upcoming Budget on February 1st, 2017.