Capital receipts refer to funds received by the government that do not recur. They include loans, disinvestment proceeds, and recovery of loans. These receipts are crucial for financing capital expenditure. They differ from revenue receipts, which are regular income sources. Understanding capital receipts is essential for analysing a government's financial health and planning for future investments.
In India, prior to 1991, interest rates and returns on all types of financial investments were strictly regulated and banks had to operate under numerous restrictions imposed by...
In the year 1998, the Kisan Credit Scheme (KCC) was introduced under the model program of NABARD. This scheme was introduced to meet the various lending needs of...
Fiscal deficit stands for the difference between total government spending and total revenue (excluding borrowing). If this spending exceeds the income generated, a fiscal deficit will occur. A...
The Reserve Bank of India's (RBI) recent decision to permit 60% additional borrowing under Ways and Means Advances (WMA) has sparked discussion in states such as Kerala, Punjab,...
The Union Minister of Finance has recently presented the Budget for the fiscal year 2020-21. Important macroeconomic indicators and changes in taxation in India has been laid out...
The Reserve Bank of India (RBI) recently published an annual report entitled "State Finances: A Study of Budgets of 2019-20". This report offers crucial data, in-depth analysis, and...
The Early Cheras, also known as the Keralaputras, ruled over the western coast and the mountainous interiors of southwestern India during the Sangam Age (circa 3rd century BCE...
