Page 52 - Latest Updates on Fiscal Deficit
FRBM panel recommends 3% fiscal deficit target for FY18-FY20
It recommended fiscal deficit to be cut to 2.8% in 2020-21 fiscal and to 2.5% by FY23
 "FRBM panel recommends 3% fiscal deficit target for FY18-FY20")
Flatter to deceive
After a few good years, states slip on the fisc
The macro picture: Fiscal deficit target for year crossed by February-end
Total revenue receipt till February was Rs 10.94 lakh crore or 76.9% of the budget estimate
 "The macro picture: Fiscal deficit target for year crossed by February-end")
India's April-February fiscal deficit at 113.4% of full year target
Tax revenue during the period in question yielded Rs 8.85 lakh crore, or 81.3% of the estimates
 "India's April-February fiscal deficit at 113.4% of full year target")
Fiscal deficit worry for states
5 states that have presented their financial status till date indicate encouraging news in capex
 "Fiscal deficit worry for states")
Fiscal deficit overshoots full-year target
The government had budgeted a fiscal deficit of Rs 5,33,904 crore for the current financial year
 "Fiscal deficit overshoots full-year target")
April-Jan fiscal deficit at 105.7% of FY17 target
The fiscal deficit was 95.8% of the full-year target during the same period a year ago
 "April-Jan fiscal deficit at 105.7% of FY17 target")
Govt to get more space, albeit marginal, to contain fiscal deficit
Nominal economic growth is projected to be higher than estimated
 "Govt to get more space, albeit marginal, to contain fiscal deficit")
Govt likely to meet FY17 fiscal deficit target: DBS
Fiscal deficit has been pegged at Rs 5.33 lakh crore in 2016-17
Fiscal deficit reaches 86% of BE in first 8 months
In absolute terms, fiscal deficit touched the Rs 4.58 lakh crore mark during April-November 2016
Income Disclosure schemes may help govt meet fiscal deficit target: RBI
Current account deficit has narrowed to 0.6% in Q2 from 1.1% in the same quarter last year
Per capita debt rises 9% to Rs 53,796 at March 2016
The per capita burden of Union Government inter-alia includes external debt, internal debt and other liabilities
 "Per capita debt rises 9% to Rs 53,796 at March 2016")
Oct surplus helps govt pare fiscal deficit
For April-October last year, the fiscal deficit had stood at 74% of budgeted estimates
 "Oct surplus helps govt pare fiscal deficit")
Fiscal deficit in H1 balloons to two-decade high
Hits 83.9% of annual Budget target; revenues from divestment, black money scheme, economic growth-induced tax buoyancy may give cushion in H2
 "Fiscal deficit in H1 balloons to two-decade high")
Fiscal deficit target will be a tight squeeze
Pay hikes, weak spectrum sales add pressure to curb spending
 "Fiscal deficit target will be a tight squeeze")
Fiscal deficit at 76.4% of BE in first five months of FY17
In August, capital expenditure rises after falling in the first 4 months
Fiscal deficit at 76.4% of Budget estimate in April-August
The fiscal situation in April-August showed deterioration over the corresponding period of the previous year
April-July fiscal deficit at 73% of BE
In the corresponding period of FY16, stood at 69.3% of BE for that year
 "April-July fiscal deficit at 73% of BE")
Ajay Chhibber: Redoing the fiscal math
Given the key role of states and PSUs in the economy, the panel that is reviewing FRBM Act must examine the broader public sector's finances, and not focus purely on the Centre's fiscal deficit
 "Ajay Chhibber: Redoing the fiscal math")
Meeting fiscal deficit target for FY17 a challenge, says government
MTEF stated the Indian economy was showing 'bright' near-term prospects, and that macro-economic stability has improved
 "Meeting fiscal deficit target for FY17 a challenge, says government")