Page 49 - Latest Updates on Fiscal Deficit
Govt should stick to fiscal deficit target for 2018-19: Arvind Panagariya
The government aims to strictly maintain 3.3 per cent fiscal deficit target for 2018-19 fiscal
 "Govt should stick to fiscal deficit target for 2018-19: Arvind Panagariya")
Market can get worse before it gets better
Corporate results indicate that consumption may be softer than hoped-for and analysts are predicting downgrades for second-half earnings
 "Market can get worse before it gets better")
Govt is considering a number of steps to ensure there's no fiscal breach
Government has so far maintained that the 3.3% target will be met
 "Govt is considering a number of steps to ensure there's no fiscal breach")
In first 6 months, fiscal deficit at 95.3% of Rs 6.24-trn full-year target
Govt looks set to overshoot 3.3% mark
 "In first 6 months, fiscal deficit at 95.3% of Rs 6.24-trn full-year target")
Fiscal deficit widens in first half of 2018-19 to 95.3% of FY19 estimate
The government has budgeted to cut fiscal deficit to 3.3 per cent of GDP in 2018-19 from 3.53 per cent in the previous financial year
 "Fiscal deficit widens in first half of 2018-19 to 95.3% of FY19 estimate")
Modi govt confident of meeting fiscal deficit target but faces challenges
While the direct tax collections so far are encouraging, other indicators show the Centre has a formidable task
 "Modi govt confident of meeting fiscal deficit target but faces challenges")
Living on hope
Meeting the fiscal deficit target looks challenging
 "Living on hope")
Govt has no excuses on fiscal deficit this year, says Rathin Roy
When the rupee depreciates beyond that range, we have to ask what factors are behind it
 "Govt has no excuses on fiscal deficit this year, says Rathin Roy")
From GST shortfall to MSP hike, Jaitley's fiscal promise faces many hurdles
The combined central GST, state GST and integrated GST target that the government is aiming for is Rs 1 trillion per month
 "From GST shortfall to MSP hike, Jaitley's fiscal promise faces many hurdles")
India's fiscal deficit reaches at 86.5% of FY19 budget target in April-July
Total expenditure for April-July was nearly Rs 8.90 trillion
 "India's fiscal deficit reaches at 86.5% of FY19 budget target in April-July")
Govt admits rupee, crude prices will impact current account deficit
Research and ratings agencies like Icra and Moody's have said the CAD in 2018-19 would be much higher than 2017-18
 "Govt admits rupee, crude prices will impact current account deficit")
CII plans to launch a new index to judge the quality of fiscal deficit
The index, expected to be readied over next few months, will be finalised after extensive consultation with economists
 "CII plans to launch a new index to judge the quality of fiscal deficit")
Fiscal deficit target to be met, minor slippage in CAD likely: Finmin
With regard to fiscal deficit, the FinMin official said the government is committed to meeting the target of 3.3%
Fiscal deficit likely to be bigger than what Budget says: Kaushik Basu
He says if a full-scale tariff war breaks out, there will be a global economic slowdown and growth in the United States will be slower than in China
 "Fiscal deficit likely to be bigger than what Budget says: Kaushik Basu")
Fiscal deficit, core sector boost for Modi govt ahead of RBI policy review
The fiscal deficit was at 80.8 per cent of 2017-18 budgeted estimates in the April-June quarter of the last fiscal
 "Fiscal deficit, core sector boost for Modi govt ahead of RBI policy review")
April-June fiscal deficit of Rs 4.29 trillion at 68.75% of FY18-19 target
India expects to trim the deficit to 3.3% of GDP this fiscal year
Slide in states' fiscal position; capital outlay to grow slower, says RBI
Despite these signs, there is no correction - either in terms of fiscal discipline, access to cheaper sources of finance or in outlays for large and expensive social schemes
 "Slide in states' fiscal position; capital outlay to grow slower, says RBI")
Fiscal deficit hits 55% of full-year target on the back of higher capex
The fiscal deficit target for 2018-19 is Rs 6.24 trillion, or 3.3 per cent of the gross domestic product (GDP)
 "Fiscal deficit hits 55% of full-year target on the back of higher capex")
April-May fiscal deficit reaches 55.3% of budgeted target of FY19
India expects to trim the deficit to 3.3% of GDP in this financial year
 "April-May fiscal deficit reaches 55.3% of budgeted target of FY19")
No impact on fiscal deficit, will be kept at 3.3 % for FY 19: Official
The government had budgeted to cut fiscal deficit to 3.3 per cent of GDP in current fiscal, from 3.53 per cent of GDP in 2017-18