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Latest Articles in fiscal consolidation

Between Growth And Fiscal Consolidation

We may recognise that the budget has supported demand through indirect channels as well. Some of these include the tax slab adjustment which may lead to an increase in disposable income especially in the lower middle-income segments and the crowding-in effects of the high government capex which may boost private investment expenditure

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India's Budget Shot In The Arm For Economy, Fiscal Consolidation Takes A Back Seat: S&P

India's budget for fiscal 2022 (ending March 31, 2022) represents a comprehensive effort by the central government to shore up the country's nascent economic recovery.

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Uncertain Outlook For India As Public Debt Rise Underscores Policy Challenges In A-Pac: Fitch

Many Asian economies entered 2020 with fiscal policy space relative to rating peers to counter an unexpected downturn, like Indonesia, South Korea and New Zealand.

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Govt Committed To Fiscal Consolidation Without Compromising On Investment: FM

This is consistent with government's abiding commitment to macroeconomic stability as part of medium-term fiscal policy cum strategy statement 2020-21, FM Nirmala Sitharaman said.

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Faster Fiscal Consolidation Key For India Rating Upgrade, Says Moody's Analyst

In the recent union budget, Finance Minister Arun Jaitley stuck to an ambitious pledge of reducing the fiscal deficit to 3.5 per cent of gross domestic product from 3.9 per cent, and improved tax collection could help meet that target

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Govt Pay Hikes Pose Rrisk To India's Fiscal Consolidation: Fitch

Fitch said the pay hike could challenge the government's goal of achieving a fiscal deficit of 3.5 percent in the year ending in March 2017, unless India can cut spending or raise revenues

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