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Navigating the Unknown: Leadership in an Era of Uncertainty

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 Leading through the mists of uncertainty can feel formidable; yet, it unveils a chance to display resilience, adaptability, and visionary leadership. Here are a tapestry of strategies to amplify your prowess in traversing unpredictable realms: Embrace Flexibility and Adaptability Stay Agile: Nurture a malleable work atmosphere that empowers teams to swiftly shift and respond to emerging insights and changing tides. Iterative Planning: Break down long-term visions into smaller, manageable milestones that can be recalibrated as needed, allowing for continual reassessment and evolution. Communicate Transparently Honest Updates: Keep your team apprised of the current landscape, even when the news is less than favorable. Transparency begets trust and ensures collective alignment. Open Dialogue: Foster a space where team members feel emboldened to express their concerns and ideas, enriching insights and uplifting morale. Focus on What You Can Control Identify Priorities: Direct your ene...

India FY16 fiscal deficit target met

For FY17, the deficit target is 3.5 per cent of GDP
The country’s fiscal deficit for 2015-16 was Rs 5.32 lakh crore, about 99.5 per cent of the government’s revised target of Rs 5.35 lakh crore, compared with 99.6 per cent for the same period a year before, official data showed on Tuesday.

As a percentage of gross domestic product at current prices, also issued on Tuesday, the deficit was 3.9 per cent, as Finance Minister Arun Jaitley had said it would be in February. For FY17, the deficit target is 3.5 per cent of GDP.

For the year ended March 2016, the provisional figure of combined revenue was Rs 1.24 lakh crore or 99.2 per cent of the revised target of Rs 1.25 lakh crore, compared with 98.7 per cent of the full-year target a year before.
FY16 fiscal deficit target met

Total expenditure was Rs 1.77 lakh crore or 99.3 per cent of the revised target, compared with 99 per cent for the same period last year.  Total expenditure was Rs 1.61 lakh crore, or 8.2 per cent of the full-year estimate, compared with 8.7 per cent last year.

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