MID-Year Economic Analysis Presented in Parliament; holds Outlook of Growth Stability and Recovery of the Economy
The Government today tabled the Mid-Year Economic Analysis 2012-13 in both the Houses of Parliament. This is as per the provisions of the Fiscal Responsibility and Budget Management (FRBM) Act, 2003 which requires the review of quarterly trends in receipts and expenditure in relation to the budget. The mid-year economic analysis is the second quarterly …