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fiscal deficit
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Fiscal Federalism and Centrally Sponsored Schemes
By Vidhi Centre for Legal Policy
UPDATED ON SEP 06, 2021 12:33 PM IST
The study report has been authored by Ritwika Sharma, Mayuri Gupta and Kevin James
Fiscal deficit limited to 21.3% till now
By Gireesh Chandra Prasad, New Delhi
PUBLISHED ON SEP 01, 2021 04:22 AM IST
- Data showed that the revenue deficit at the end of the period stood at ₹2 lakh crore
Fiscal deficit for 2020-21 at 9.3% of GDP, down from revised estimate of 9.5%
PTI |
PUBLISHED ON MAY 31, 2021 05:07 PM IST
The central government, in the revised estimates in the Budget for 2021-22, forecast a higher fiscal deficit of 9.5% of the GDP or ₹18,48,655 crore for the fiscal ended in March.
Fiscal deficit rises to ₹12.34 lakh crore at end of January
PTI |
PUBLISHED ON FEB 26, 2021 06:41 PM IST
The fiscal deficit at the end of January in the previous financial year was 128.5% of the Revised Estimates (RE).
Will budget 2021-22 balance the fisc?
By Roshan Kishore, New Delhi
UPDATED ON FEB 02, 2021 07:20 AM IST
Not only has the fiscal deficit reached an all-time high of 9.5% of GDP in 2020-21,as per the Revised Estimates (RE) given in the 2021-22 budget, it is not expected to come down anytime soon.
Budget should focus on growth recovery; fiscal deficit may fall to 6.2 % in FY22
PTI | , Mumbai
PUBLISHED ON JAN 28, 2021 06:04 PM IST
The report pegged growth at 9.6 per cent for 2021-22 and (-)7.8 per cent for the current financial year 2020-21.
Fiscal deficit to be 7.5 pc of GDP during FY 2020-21: Experts
PTI | , New Delhi
PUBLISHED ON JAN 09, 2021 12:08 PM IST
This would be a 100 per cent jump from the Budget estimate of 3.5 per cent of GDP pegged for the current fiscal.
Fiscal deficit widens to 4.6% of GDP in 2019-20
New Delhi | By Press Trust of India | Posted by Harshita Singh
UPDATED ON MAY 29, 2020 11:44 PM IST
According to the Controller General of Accounts (CGA) data, the fiscal deficit for 2019-20 worked out to be 4.59 per cent of the GDP, while the revenue deficit was 3.27 per cent.
Budget 2020 can be ‘largely neutral for growth, inflation’, says economist
Bloomberg, New Delhi | By Vrishti Beniwal
UPDATED ON FEB 01, 2020 02:12 AM IST
The government is expected to widen its fiscal deficit target for the year through March to 3.8% of gross domestic product from a planned 3.3%.
Moody’s cuts India’s GDP growth forecast to 5.8% for financial year 2020
New Delhi | By Press Trust of India
UPDATED ON OCT 10, 2019 01:29 PM IST
Moody’s attributed the deceleration to an investment-led economic slowdown that has broadened into consumption, driven by financial stress among rural households and weak job creation.
As Imran Khan completes one year in power, Pak’s fiscal deficit on three-decade high
Islamabad | By Asian News International
UPDATED ON AUG 28, 2019 05:31 PM IST
In June 2019, the Pakistan government had announced that it intends to keep the deficit at 7.1 per cent of GDP, whereas the target at the start of the year was 4.9 per cent.
Budget 2019: Govt misses fiscal deficit target, revises it upwards
Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON FEB 02, 2019 02:36 PM IST
The fiscal deficit for the current financial year is likely to be around 3.4% of gross domestic product (GDP), marginally higher than the targeted 3.3%.
Excise duty cut on fuel credit negative for India, will increase fiscal deficit by up to 3.4%: Moody’s
New Delhi | By Press Trust of India
UPDATED ON OCT 09, 2018 03:58 PM IST
The excise duty cut on petrol and diesel is credit negative for India as it will reduce government revenue and increase fiscal deficit by 0.1 per cent to 3.4 per cent of GDP in the year ending March 2019, Moody’s Investors Service said on Tuesday.
India going through major transformation, witnessing rapid economic and social changes: Narendra Modi
Dehradun | By Indo Asian News Service
PUBLISHED ON OCT 07, 2018 03:29 PM IST
Addressing an investors summit in Dehradun, PM Narendra Modi said India’s economy had stabilised over the last few years, fiscal deficit had come down, inflation was under control and middle class is rising.
Govt will meet all fiscal targets, Arun Jaitley says after review
New Delhi | By Press Trust of India
UPDATED ON SEP 15, 2018 11:07 PM IST
Speaking to reporters after Prime Minister Narendra Modi reviewed various departments of the finance ministry, finance minister Arun Jaitley said the government is confident of surpassing the 7.2-7.5% GDP growth rate.
India may cut expenditure to stick to 3.3% fiscal deficit: Moody’s
Press Trust of India | By Press Trust of India
PUBLISHED ON JUN 07, 2018 03:07 PM IST
Moody’s expects the government to meet its fiscal deficit target of 3.3% for 2018-19, based on its commitment to gradual fiscal consolidation and budget assumptions which appear achievable, it said in a statement.
India’s April-Feb fiscal deficit breaches FY18 target by 120%
Press Trust of India, New Delhi | By HT Correspondent
UPDATED ON MAR 28, 2018 05:54 PM IST
Fiscal deficit for the first eleven months of FY18 stood at Rs 7.2 lakh crore, 120.3% of the estimated full-year target.