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No fiscal road map is meaningful without states: NK Singh

No fiscal road map is meaningful without states: NK Singh
No fiscal road map is meaningful without states: NK Singh
15th Finance Commission chairman NK Singh

Synopsis

"Need a path that involves both Centre and states on fiscal deficit and debt; have suggested the constitution of an inter-governmental body of centre and the states," said NK Singh.

No fiscal roadmap or debt roadmap is meaningful unless it is for the general government, meaning both the Centre and states, according to 15th Finance Commission chairman NK Singh. In an interview with Gaurav Noronha and Deepshikha Sikarwar, he said the commission had recognised the need for flexibility in fiscal framework. Edited excerpts :The FC has suggested a fiscal roadmap. The government is targeting a 4.5% deficit by FY26, but plans to
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