Page 50 - Latest Updates on Fiscal Deficit
A balancing act
The govt should be flexible on the fiscal position
 "A balancing act")
Govt confident of meeting fiscal deficit target despite GST shortfall
Centre expects direct taxes to overshoot target by Rs 300 billion
 "Govt confident of meeting fiscal deficit target despite GST shortfall")
Govt should find fiscal space to ramp up investments, says NITI Aayog V-C
Banks under prompt corrective action (PCA) should be allowed to part-lend again, says Rajiv Kumar
 "Govt should find fiscal space to ramp up investments, says NITI Aayog V-C")
April-October fiscal deficit breaches full-year target at Rs 6.24 trillion
Total expenditure of the government at October-end was Rs 14.56 trillion or 59.6 per cent of budgeted estimates
 "April-October fiscal deficit breaches full-year target at Rs 6.24 trillion")
Govt may resort to tested ways to meet fiscal deficit target of 3.3% of GDP
Finance Minister Arun Jaitley has publicly committed to meet the fiscal deficit target without compromising on capital expenditure
 "Govt may resort to tested ways to meet fiscal deficit target of 3.3% of GDP")
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
Living on hope
Meeting the fiscal deficit target looks challenging
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