Fiscal Deficit At Feb-End Touches 86.5% Of Full-Year Target: Govt Data
The total expenditure incurred by the Centre was Rs 37.47 lakh crore.
Mar 28, 2024, 17:02 PM IST
Fiscal Deficit At Jan-End Touches 63.6% Of Full-Year Target: Govt Data
This comprised Rs 18.8 lakh crore of tax revenue (net), Rs 3.38 lakh crore of non-tax revenue, and Rs 34,219 crore of non-debt capital receipts.
Feb 29, 2024, 17:42 PM IST
Fiscal Deficit Was 4.5% In UPA's Terminal Year, It's 5.8% In 2023-24 Under NDA: Chidambaram
If the NDA points to the pandemic years (2020-21 & 2021-22), the UPA can point to the years of the International Financial Crisis (2008-09) and the 'taper tantrum' (2013-14), Chidambaram argued.
Feb 05, 2024, 00:14 AM IST
India Meets FY2023 Fiscal Deficit Target Of 6.4%
The government's capital spending on infrastructure projects increased 24.2% from last year to 7.36 trillion rupees, aiding the economy.
May 31, 2023, 19:15 PM IST
Centre's Fiscal Deficit Touches Nearly 60% of Full-Year Target at End-Dec
The government has budgeted a fiscal deficit of Rs 16.61 lakh crore or 6.4 percent of the GDP in the current financial year ending March 2023. The deficit is funded by market borrowing.
Jan 31, 2023, 18:36 PM IST
Budget 2023: FM Nirmala Sitharaman to cut down FY24 fiscal deficit to 6 % or lower, expect Analysts
Given the fact that this will be the last full Budget of the present government, there may be a temptation to make it into an expansionist one. In the two years following the pandemic, the fiscal deficit -- one of the key parameters while assessing macroeconomic stability which also influences inflation -- went up till 9.3 per cent.
Jan 17, 2023, 20:14 PM IST
RBI slashes India's growth forecast to 7% from 7.2% amid aggressive monetary policy tightening globally
Real GDP growth in the first quarter of the current fiscal was 13.5%. Das, however, cautioned that there is a third wave of shock globally triggered by aggressive monetary policy tightening to curb inflation.
Sep 30, 2022, 12:58 PM IST
RBI keeps inflation projection for FY23 to 6.7%
RBI Governor Shaktikanta Das said the impact of inflation globally is weighing heavily on the domestic market. For third quarter, inflation is estimated at 6.5 per cent and further down to 5.8 per cent in March quarter with risks evenly balanced, the governor said.
Sep 30, 2022, 12:48 PM IST
Fiscal deficit touches 31.1% of annual target at end-August
The fiscal deficit or gap between expenditure and revenue was Rs 4,68,009 crore at end of August.
Sep 30, 2021, 18:54 PM IST
India’s exports up 49.85% in July to record high of $35.43 billion
Imports during the month also rose by about 63 per cent to USD 46.40 billion, as per the data released by the commerce ministry.
Aug 13, 2021, 19:02 PM IST
April-May fiscal deficit at 58.6% of budgetary target
The government has targeted a fiscal deficit of Rs 7.96 lakh crore for fiscal year 2020-21.
Jun 30, 2020, 18:10 PM IST
No reason to doubt govt will meet fiscal deficit targets: RBI Governor Shaktikanta Das
Das said the government has remained within the limits set by the Fiscal Responsibility and Budget Management (FRBM) Committee for the budget deficit.
Feb 18, 2020, 23:11 PM IST
Budget 2020 may push back fiscal deficit MTFP target
As per the medium-term fiscal policy cum fiscal policy strategy statement tabled in Parliament, the government is aiming to contain the fiscal deficit at 3.4 per cent in the current as well as the next fiscal, and then bring it down to 3 per cent in 2020-21.
No plans to revise fiscal deficit target, cut spending: FM Nirmala Sitharaman
Sitharaman now said the government would only review the fiscal deficit target closer to the 2020-21 budget.
Sep 22, 2019, 20:18 PM IST
RBI payout to help government invest in infra: Report
A significantly higher net one-time inflow of Rs 1.48 lakh crore from the RBI will provide an opportunity to the government to step up public investments without a material slippage in the fiscal deficit target pegged at 3.3 percent for 2019-20, an Acuite report said.
Aug 28, 2019, 15:31 PM IST
CII comes out with new index to assess Central, state budgets
The index has been constructed using UNDP's Human Development Index methodology, CII said, adding the proposed composite index of fiscal performance comprises six components for holistic assessment of the quality of government budgets.
Jun 06, 2019, 10:45 AM IST
Need to shift to structural deficit instead of fiscal deficit: SBI economists
The structural deficit is adopted by many advanced and also emerging markets, they said in a note.
Jun 04, 2019, 10:24 AM IST
April-December fiscal deficit touches 112.4% of FY'19 budget target
At the end of December 2017, the deficit was 113.6 percent of the Budget Estimate (BE).
Feb 04, 2019, 17:29 PM IST
Govt, RBI to finalise borrowing calender for Oct-Mar period tomorrow
The government had budgeted Rs 6,05,539 crore for 2018-19 Gross G-Sec borrowing.
Sep 27, 2018, 17:42 PM IST
States set to miss 20% debt-to-GDP ratio target by FY23: Report
From a global perspective, the country remains an outlier in terms of both consolidated debt-to-GDP and debt-to-revenue ratios.
Sep 18, 2018, 16:49 PM IST
