The Finance Ministry has sought comments from stakeholders and the general public on the mandate of the newly set up committee to review the fiscal consolidation goalposts.
“The comments on its terms of reference may be sent by June 30,” it said. The Finance Ministry had last month set up a committee under former Revenue and Expenditure Secretary NK Singh to review the Centre’s fiscal roadmap and the working of the related Fiscal Responsibility and Budget Management Act, 2003.
It committee will submit its report by October 31.