August 13, 2014 / 10:48 AM / 3 years ago

India sets up expenditure commission for reforms in state spending

NEW DELHI, Aug 13 (Reuters) - India's Prime Minister Narendra Modi approved the constitution of an expenditure management panel on Wednesday, which would spell out reforms in state spending and subsidies, a government statement said.

The panel will be headed by Bimal Jalan, former governor of the Reserve Bank of India, and will submit its interim report before the 2015/16 annual budget to be presented in Feb 2015. (Reporting by Manoj Kumar; Editing by Sanjeev Miglani)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below