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Updated 1h agoPolitics

Maharashtra sets up sustainable public finance committee

Headline by Prism · from 1 report

The Maharashtra state government has established a high-powered committee led by Vijay Kelkar to recommend measures for enhancing fiscal sustainability and revenue growth.

1 outlet · 1 report · EnglishOne source so far

The record

Written from the 1 report below. Nothing here is unsourced.

  • The Maharashtra government has formed a committee to find ways to increase tax and non-tax revenues to support the Viksit Maharashtra @ 2047 development vision.
  • Led by economist Vijay Kelkar, the group will examine revenue sources including GST, liquor taxation, and mineral royalties over the next six months.
  • The committee is also tasked with suggesting institutional reforms to improve the efficiency of state expenditure and financial management.
  • Its recommendations are intended to help the state meet its fiscal responsibility targets while increasing investments in infrastructure and social sectors.

What to watch next

  • Submission of committee recommendations within six months.
  • Potential regulatory changes to alcohol taxation.
  • Implementation of new revenue forecasting and research capacity in the finance department.

Coverage1

1 report
English national1

All filed from India

Named India · Ashima Goyal · Government of Maharashtra · Karthik Muralidharan · Maharashtra Sustainable Public Finance Committee · Nitin Kareer · Pune International Centre · T Rabi Sankar · Vijay Kelkar

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Maharashtra sets up sustainable public finance committee | Prism