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India fiscal deficit target News

Farm-loan waivers

22 Jan 2019

Farm-loan waivers to hit states fiscal deficit targets: Report

India Ratings expects the states' revenue account on aggregate to clock a deficit of 0.5 percent of GDP in FY20 due to a higher growth in revenue spends than revenue receipt.

16 Feb 2018

IMF welcomes India's fiscal deficit target of 3.3%

Last month, the IMF in its World Economic Outlook update released in Davos, Switzerland, projected a 7.4 percent GDP growth for India in 2018 and 7.8 percent in 2019.

India's economy

27 Sep 2017

Niti Aayog deputy chief says no harm in busting fiscal deficit target

Government officials last week told Reuters that they were contemplating spending up to Rs 500 billion (USD 7.61 billion)more to halt the slowdown, which could widen the federal fiscal deficit for the financial year ending next March to 3.7 percent of GDP from a budgeted target of 3.2 percent.

India fiscal deficit target

25 Jan 2017

Budget 2017: Only miracle can help India meet fiscal deficit target, says Crisil

Can India meet a fiscal deficit target of 3 percent of GDP for 2017-18? "Short of a miracle, `no`," says Crisil Research, ahead of the presentation of the Union budget, due next Wednesday

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