No plans to revise fiscal deficit target at this time: Nirmala Sitharaman

Experts are of the view that India's fiscal deficit will widen as a result of the corporate tax reduction by the government.

published on : 23rd September 2019

Andhra Pradesh govt cancels 3,543 PR road works worth RS 1,031 crore

The YSRC government had decided to cancel those engineering works sanctioned before April 1, 2019, but not grounded.

published on : 18th September 2019

Kerala economy stares down barrel

The paper, tabled in the assembly, warned that the state was headed for a financial crisis and blamed the previous UDF Government under Oommen Chandy for the mess. 

published on : 25th August 2019

Centre may stoop its fiscal deficit target to conquer

Officials said large public sector companies have already been asked to front-load their capital expenditure plans to spur spending.

published on : 11th August 2019

Fiscal deficit crosses 61 per cent of estimates in Q1

The revenue receipts during the entire year have been pegged at Rs 19.77 lakh crore.

published on : 1st August 2019

Committed to fiscal consolidation without compromising on expenditure: Finance Minister Nirmala Sitharaman

Sitharaman said several steps including enhancing investments in infrastructure, liberalisation in the foreign direct investment policy and lowering of corporate tax are being taken.

published on : 10th July 2019

Budget outlines reforms to support economy but lacks plan for fiscal consolidation: Fitch Ratings

The agency said that the budget indicates that the BJP will continue its economic reform efforts in its second term and avoid the fiscal loosening.

published on : 10th July 2019

Government duty bound to achieve fiscal deficit of 3 per cent as per law: FM Nirmala Sitharaman

The Budget has set a target of 17.5 per cent growth in direct taxes and about 15.5 per cent growth in indirect taxes.

published on : 7th July 2019

Budget 2019: Sitharaman brings down fiscal deficit target to 3.3 per cent for FY20

'The fiscal path of the government in the last five years had been exemplary. We are confident about achieving the fiscal targets,' Finance Minister Nirmala Sitharaman said.

published on : 5th July 2019

Overall fiscal deficit likely to hit record low of 5.8% in FY19: Economic Survey

The combined deficit was 6.4 per cent in FY18. This is a decade-low and the third-lowest on record since 1990s.

published on : 4th July 2019

It's all about the math, Nirmala ji. Do get it right!

The Indian government is short of credibility at the moment, buffeted as it is with questions about the accuracy of its GDP estimates. Making sure that her sums add up should be Sitharaman’s priority

published on : 3rd July 2019

Fiscal deficit stands at 52 per cent of budgeted estimates, Current account deficit at 2.1 per cent

Despite a lower number than last year, the finance minister will have a daunting task to fuel economic growth that is slowing down.

published on : 29th June 2019

Department of Expenditure reports fiscal deficit at 0.75 per cent of GDP in April

Total receipts include Net Tax Revenue to Centre (Rs 71,637 crore), Non Tax Revenue (Rs 23,293 crore) and other receipts (Rs 2,701 crore).

published on : 23rd June 2019

Bihar is number one in fiscal discipline index among 18 states

Bihar has obtained the highest score of 66.5 out of 100 in fiscal performance index (FPI). West Bengal, Punjab and Kerala have slipped to lower positions.

published on : 7th June 2019

India’s general fiscal deficit oscillates

Also, the sub-6 per cent figure was a touch-and-go, and may overshoot to 6.2 per cent in FY19. 

published on : 28th April 2019
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