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Latest Articles in fiscal deficit
India's Fiscal Deficit Widens To 33.9% Of Annual Estimates In Apr-July
This widening deficit stands in stark contrast to the 20.5 per cent reported during the same period in the previous year
Read MoreHigher Capex, Tax Devolution To States Widened Govt's Fiscal Deficit To Rs 4.5 Tn In Q1FY24
With limited fiscal concerns and healthy inflows under small savings schemes, the need for additional borrowings may not arise in the near term
Read MoreIndia's April-June Fiscal Deficit At Rs 4.51 Lakh Cr, 25.3% Of FY23 Target
From the 21.2 per cent reported in the corresponding year-earlier period, the fiscal deficit increased
Read MorePakistan Aims For Fiscal Deficit Of 6.54% In Its Budget, IMF To Monitor
The budget needs to satisfy the IMF to secure the release of stuck bailout money for the crisis-struck country, which is due to hold a general election by November
Read MoreFY2024 Fiscal Deficit To Remain Largely In Line With budgeted Target
Amid a 0.6 per cent decline in capital spending, the government's fiscal deficit nearly doubled to Rs 1.3 trillion in April 2023 (7.5 per cent of FY2024 BE) from Rs 0.7 trillion in April 2022
Read More18 Indian States Record Fiscal Deficit of 3.6% Of GDP In FY23: Report
Bihar (8.8 per cent of GSDP or Rs 54,327 crore over its BE) and Punjab (5.2 per cent of GSDP or Rs 21,935 crore over its BE) exceeded their fiscal deficit significantly as per RE FY23
Read MoreIndia's Fiscal Deficit At Rs 14.54 Lakh Cr In April-February, 83% Of FY23 Target
For the current fiscal year, the Central Government has set a revised fiscal deficit goal of Rs 17.55 lakh crore, however, the full-year target of 6.4 per cent of GDP stays unchanged
Read MoreIndia’s April-January Fiscal Deficit Increases To 67.8% Of Revised FY23 Target
Total receipts were 19.77 lakh crore rupees, while total expenditure was 31.68 lakh crore rupees from April to January which represented 81.3 per cent and 75.7 per cent of the fiscal year's revised budget target, respectively
Read MoreOn Track to Achieve Fiscal Deficit Target: Eco Survey
The Economic Survey 2022-23 presented in Parliament today by the Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman stated that the fiscal deficit is expected to be at 6.4 per cent of GDP in FY 23.
Read MoreGovt On Track To Achieve 6.4% Fiscal Deficit Target: Economic Survey 2022-23
The survey highlighted that conservative budget assumptions provided a buffer during global uncertainties
Read MoreFiscal Deficit For FY24 Likely To Be Set Close To 6.0% Of GDP: SBI
The budget FY24 presents a challenge to the Modi government to stick to the road map for fiscal consolidation, amidst a global environment of declining inflation
Read MoreIndia's Apr-Nov Fiscal Deficit Widens, 58.9% of Govt Annual Estimates For FY23
During the April-November time period, country’s net tax receipts stood at Rs 12.25 trillion and total expenditure was Rs 24.43 trillion rupees
Read MoreApril-Sept Fiscal Deficit Touches $74.91 Bn: Govt
Net tax receipts rose to Rs 10.12 trillion while total expenditure was Rs 18.24 trillion
Read MoreApril-July Fiscal Deficit At $42.91 Bn: Report
Net tax receipts stood at Rs 6.66 trillion while total expenditure was Rs 11.27 trillion
Read MoreGovt Committed To 6.4% Fiscal Deficit Target For FY23: Report
Commodity prices, including crude oil, are ruling high due to the ongoing Russia-Ukraine war and have led to inflationary pressures across countries, including India
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