Fiscal deficit

No reason to doubt govt will meet fiscal deficit targets: RBI Governor Shaktikanta Das

Das said the government has remained within the limits set by the Fiscal Responsibility and Budget Management (FRBM) Committee for the budget deficit.

Feb 18, 2020, 23:11 PM IST

Budget 2020 may push back fiscal deficit MTFP target

As per the medium-term fiscal policy cum fiscal policy strategy statement tabled in Parliament, the government is aiming to contain the fiscal deficit at 3.4 per cent in the current as well as the next fiscal, and then bring it down to 3 per cent in 2020-21.

Jan 20, 2020, 15:31 PM IST

No plans to revise fiscal deficit target, cut spending: FM Nirmala Sitharaman

Sitharaman now said the government would only review the fiscal deficit target closer to the 2020-21 budget.

Sep 22, 2019, 20:18 PM IST

RBI payout to help government invest in infra: Report

A significantly higher net one-time inflow of Rs 1.48 lakh crore from the RBI will provide an opportunity to the government to step up public investments without a material slippage in the fiscal deficit target pegged at 3.3 percent for 2019-20, an Acuite report said.

Aug 28, 2019, 15:31 PM IST

CII comes out with new index to assess Central, state budgets

The index has been constructed using UNDP's Human Development Index methodology, CII said, adding the proposed composite index of fiscal performance comprises six components for holistic assessment of the quality of government budgets.

Jun 06, 2019, 10:45 AM IST

Need to shift to structural deficit instead of fiscal deficit: SBI economists

The structural deficit is adopted by many advanced and also emerging markets, they said in a note.

Jun 04, 2019, 10:24 AM IST

April-December fiscal deficit touches 112.4% of FY'19 budget target

At the end of December 2017, the deficit was 113.6 percent of the Budget Estimate (BE).

Feb 04, 2019, 17:29 PM IST

Govt, RBI to finalise borrowing calender for Oct-Mar period tomorrow

The government had budgeted Rs 6,05,539 crore for 2018-19 Gross G-Sec borrowing.

Sep 27, 2018, 17:42 PM IST

States set to miss 20% debt-to-GDP ratio target by FY23: Report

From a global perspective, the country remains an outlier in terms of both consolidated debt-to-GDP and debt-to-revenue ratios.

Sep 18, 2018, 16:49 PM IST

Arun Jaitley says confident of meeting fiscal deficit target

Jaitley has said that the government is sure of meeting the fiscal deficit target given robust tax collections.

Sep 15, 2018, 21:19 PM IST

UPA was 'reckless', gave up economic strength of Vajpayee years: Arun Jaitley

Jaitley argued that the UPA government had little to nothing to do with why India saw economic growth during its tenure.

Aug 19, 2018, 20:18 PM IST

Arguments between Finance Ministry and RBI are a good sign for the economy: Sanjeev Sanyal

Here are the edited excerpts of exclusive interview with Principal Economic Adviser Sanjeev Sanyal.

Jun 12, 2018, 16:15 PM IST

Arun Jaitley hits out at Chidambaram, says economy was in hands of a ‘terrible doctor’ under UPA govt

He said that the country was named in the fragile five economies in the world when P Chidambaram was the finance minister.

Feb 09, 2018, 22:43 PM IST

Fiscal deficit slippage is due to shortfall of GST revenue of 1 month, says Arun Jaitley

FM Jaitley said that direct tax collections are up 19.3% in April-Jan period as a result of the campaign against black money, GST.

Feb 09, 2018, 21:59 PM IST

Government confident of meeting fiscal deficit target: Economic Affairs Secretary

The Finance Ministry is confident of meeting next year's fiscal deficit target of 3.3 per cent, citing lesser uncertainties ahead.

Feb 04, 2018, 14:28 PM IST

Fiscal deficit to overshoot to 3.5% from earlier estimate of 3.2% in FY'18

Fiscal deficit has a bearing on sovereign rating of the country as well as the debt market.

Feb 01, 2018, 13:14 PM IST

Rs 80K crore PSB recap bonds won't impact fiscal deficit: Finmin

These bonds will not have Statutory Liquidity Ratio (SLR) and have tenure of 10-15 years, Economic Affairs Secretary S C Garg told reporters here.

Jan 24, 2018, 17:54 PM IST

Fiscal deficit breaches FY18 target at November-end

During the same period of 2016-17, the deficit stood at 85.8 percent of that year's target.

Dec 29, 2017, 16:16 PM IST

Farm loan waivers to raise state deficits by Rs 1.08 trillion: Report

The combined fiscal deficit of the states for FY18 has been budgeted at 2.7 percent of GDP or Rs 4.48 trillion.

Dec 18, 2017, 17:19 PM IST

FPIs net outflow from equities at Rs 4,000 crore in December so far

The outflow comes following an eight month high inflow of Rs 19,728 crore in November, mainly due to the government's plan to recapitalise PSU banks and surge in India's ranking in the World Bank's ease of doing business.

Dec 10, 2017, 11:56 AM IST