Fiscal Deficit

Fiscal deficit jumps 67 per cent in Apr-May to 2 lakh crores

Central government’s fiscal deficit increased 67% to Rs 2 lakh crore owing to slow growth in revenue receipt and a 23% growth in expenditure. 

published on : 1st July 2022

Fiscal deficit at 59 per cent of the budget target till Jan 2022

The total receipts of the government in end-January were Rs 18.71 lakh crore or 85.9% of the Revised Estimates (RE) for 2021-22.

published on : 1st March 2022

Growing revenues will lower fiscal deficit: Revenue Secretary

"The fiscal deficit at present is 6.9 per cent of the GDP. The target for 2025-26 is to bring down to 4.5 per cent."

published on : 11th February 2022

Demand from capital spending depts prompts revision of fiscal deficit target

“Our revised fiscal deficit estimate largely reflects the capacity expressed by the spending departments,” says a finance ministry official.

published on : 8th February 2022

Higher deficit, lack of clarity on fisc consolidation add risks to lowering debt: Report

The Budget presented by the government on February 1 continued to emphasise support for growth over fiscal consolidation, Fitch said.

published on : 7th February 2022

Government's borrowing programme not to crowd out private investment: DEA Secretary

DEA Secretary Ajay Seth opined that the market borrowing could be trimmed if the collection from small savings schemes is higher than anticipated.

published on : 4th February 2022

In COVID times, high fiscal deficit can be growth mantra

The quality of fiscal consolidation suffers if the path to fiscal consolidation is thr­ough expenditure compression rather than increased tax buoyancy.

published on : 2nd February 2022

Budget 2022: High fiscal deficit can be growth mantra, says expert

Simultaneously, she has not deviated from the medium-term fiscal consolidation path to bring down the high fiscal deficit to 4.5% of the GDP by FY26.

published on : 2nd February 2022

Centre could have delivered more, fiscal deficit still a worry: Expert

The Budget 2022, in some sense, looks like what is expected of the budget — a statement of intent rather than a balance sheet of the government.

published on : 2nd February 2022

Union government pegs fiscal deficit for FY22 a tad higher at 6.9 per cent

The fiscal deficit or the gap between expenditure and revenue was estimated at 6.8 per cent of the gross domestic product in the current financial year ending March 31, 2022.

published on : 1st February 2022

General government fiscal deficit estimated at 10.4 per cent in FY2022: Report

The government's gross tax receipts is expected to overshoot the budgeted amount by a healthy Rs 2.5 lakh crore with a palpable buoyancy in tax collections in FY2022.

published on : 12th January 2022

Fiscal deficit touches 46 per cent of annual target

During the same period last year, the government has managed to mop up 8.1 lakh crore in revenue, including tax, non-tax and capital receipts.

published on : 1st January 2022

India's Apr-Nov fiscal deficit over 46% of FY22 target

The Central government's total expenditure stood at Rs 2,074,607 crore (62.7 per cent of BE) while total receipts were Rs 1,378,993 crore (69.8 per cent of BE).

published on : 31st December 2021

Government keeps fiscal deficit at 36 per cent of target

The fiscal deficit of the government in the April-Oct 2021 period stood at Rs 5.44 lakh crore, just 36% of the full-year budget target of Rs 15 lakh crore.

published on : 1st December 2021

Fiscal deficit at 36.3 pc of annual estimate at end-Oct: CGA

The fiscal deficit for 2020-21 was 9.3 per cent of the Gross Domestic Product (GDP), better than 9.5 per cent projected in the revised estimates in the Budget in February.

published on : 30th November 2021
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