Journalism of Courage
India fiscal deficit
INDIA FISCAL DEFICIT NEWS
‘Expect a fine balance of boosting growth and employment with continued fiscal prudence’: Siddhartha Sanyal
January 22, 2025 7:20 am
Employment generation remains the most critical aspect of India’s long-term growth strategy, with 133 million people entering the working-age population by 2050.
India needs to bring down its fiscal deficit which is highest among G20 countries
December 12, 2022 2:34 pm
The best way to proceed is to set up a high level committee of credible professionals to look into this and suggest ways and means to bring in frugality and efficiency in public expenditures of the Centre and the states, making it more growth oriented, creating more jobs and livelihoods, and more environment protecting.
India's April-September fiscal deficit touches $74.91 billion, tax receipts rise
October 31, 2022 5:25 pm
India's fiscal deficit for the April to September period touched 37.3% of annual estimates, official data showed on Monday, as the government spent more on fertiliser, food and fuel subsidies.
Fiscal deficit for 2021-22 at 6.7% of GDP, lower than earlier estimate: CGA
May 31, 2022 4:45 pm
The revenue deficit at the end of 2021-22 was 4.37 per cent.
Fiscal deficit touches 128.5 per cent of budget estimate at January-end: Government data
February 28, 2020 6:51 pm
In actual terms, the fiscal deficit or gap between the expenditure and revenue stood at Rs 9,85,472 crore. The government had targeted to restrict the fiscal deficit at Rs 7,66,846 crore during the year ending March 31, 2020.
Fitch raises India's FY20 fiscal deficit forecast to 3.6 per cent of GDP
November 06, 2019 12:44 pm
Fitch said it was revising the fiscal deficit forecast as revenue collection is likely to fall far short of the projections in the FY2019/20 Union Budget due to weak goods and services tax (GST) and corporate income tax collections.
An Expert Explains: Why lower fiscal deficit isn’t always good news
August 13, 2019 8:23 am
Last week, RBI, the country’s central bank, cut repo rates by 35 basis points — the sharpest cut in nine years.
States’ fiscal position deteriorates in FY18 on widening revenue deficit: Care Ratings report
April 24, 2018 1:08 am
The fiscal position of states deteriorated in 2017-18 over 2016-17 as revenue deficit for most states widened whereas states with revenue surplus witnessed a decline in their surplus, according to a Care Ratings report.
Govt meets 3.9% FY16 fiscal deficit target, total expenditure at Rs 17.73 lakh cr
June 01, 2016 3:03 am
The Centre’s fiscal deficit stood at Rs 5.32 lakh crore or 3.9 per cent of GDP in FY16, marginally lower than the revised estimate (RE) of Rs 5.35 lakh crore.
Budget has no impact on India sovereign ratings: Standard & Poor's
July 14, 2014 12:42 pm
S&P is the only one of the three major credit agencies to have a 'negative' outlook on India.
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