Journalism of Courage
Fiscal deficit
FISCAL DEFICIT NEWS
Going forward, much depends on states’ room for spending
January 05, 2026 2:06 pm
In FY2021-FY2025, the combined capital expenditure and loans & advances of 28 states reported a healthy 18.5 per cent CAGR, doubling to Rs 8.4 trillion
For Centre & state finances, a reckoning
January 05, 2026 1:33 am
With the GST rate cuts clearly impacting revenues, the Centre will have to cut expenditures for meeting its deficit targets.
On countries becoming more debt-ridden, and why that has far-reaching consequences
October 24, 2025 11:05 am
In Explained’s weekly column, titled ‘GDP: Graphs, Data, Perspectives’, Udit Misra breaks down how high deficits and public debts can impact countries and tax-payers over a long period, and the global trends in recent years.
Across India, state finances tell the same story: Fiscal fragility, ever-expanding welfare state
October 06, 2025 3:44 pm
Small states remain dependent on transfers, while big states rely more on their own resources and borrowing, but the underlying paradox is the same
Is the door still open? Musk’s X posts hint at possible Trump reconciliation
June 06, 2025 11:23 pm
The feud erupted publicly on Thursday after Trump criticised Musk in the Oval Office. The two then traded barbs via their platforms: Trump on Truth Social, Musk on X.
Trump 2026 budget blueprint: Deep cuts to social programmes, major boost to defence
May 02, 2025 11:14 pm
The budget, released Friday, includes a sweeping 7.6 per cent cut to discretionary domestic programmes but a 13 per cent increase in national security spending.
India’s fiscal balancing amid global economic uncertainties
May 01, 2025 12:54 pm
Amid US President Donald Trump’s tariff regime looming over global trade, India’s fiscal deficit remains a key concern. But what exactly is the fiscal deficit and how does the government balance it to maintain growth and stability?
With eye on rising fiscal deficit, Maharashtra govt tightens rules on foreign funding
April 09, 2025 6:26 am
MITRA consultation must before moving with proposal
Tavleen Singh writes: Fiscal ruin in near future
October 06, 2024 5:12 pm
As a taxpayer when I see our political leaders spend recklessly on populist schemes in the name of welfare, I fear the worst. They appear bent on taking us backwards to a time when the world saw India as an economic basket case or, as foreign friends said to my face, a ‘land of starving millions.’
Budget may retain fiscal deficit target at 5.1%; job creation, social spending, capex to be key themes: Morgan Stanley
July 11, 2024 8:46 am
The fiscal deficit target which was 5.6 per cent of GDP in F24 is expected to be on track to attain the target of 4.5 per cent of GDP by FY26, Morgan Stanley report said.
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