Page 52 - Latest Updates on Fiscal Deficit
Fiscal deficit crosses 96% of Budget estimates at the end of October
Apr-Oct fiscal deficit at Rs 5.25 lakh cr, compared with Rs 4.2 lakh cr in the same period a year earlier
 "Fiscal deficit crosses 96% of Budget estimates at the end of October")
Taming fiscal deficit at 3.2% of GDP is a tall order
Meeting the fiscal deficit target will become more difficult in the second half of the fiscal year
 "Taming fiscal deficit at 3.2% of GDP is a tall order")
No harm in fiscal deficit slippage if capex gets major boost: Ficci head
In an interview with Business Standard, Rashesh Shah also said that tax incentives for capital expenditure were a key issue
 "No harm in fiscal deficit slippage if capex gets major boost: Ficci head")
Govt to raise Rs 50,000 cr via G-secs; fiscal deficit target to be breached
The central government is learnt to be planning to borrow an additional amount of Rs 50,000 cr from the bond market, over and above the budget estimate of Rs 5.80 lakh crore for fiscal year 2017-18
 "Govt to raise Rs 50,000 cr via G-secs; fiscal deficit target to be breached")
Fiscal deficit worries give Sensex, Nifty a scare
The government has decided to make an additional borrowing of Rs 50,000 crore this fiscal through dated securities
April-Nov fiscal deficit hits 112% of full-year target
Net tax receipts in the first 8 months of 2017/18 financial year were Rs 6.99 lakh cr
Fiscal deficit worries
Revenue uncertainty increases the strain
Govt to borrow Rs 50,000 cr extra via dated securities in Jan-March FY18
Move could widen the country's fiscal deficit
 "Govt to borrow Rs 50,000 cr extra via dated securities in Jan-March FY18")
Market falls on fiscal deficit concerns
The Sensex fell 0.84 per cent, or 281 points to 33,034 with banking and energy stocks leading the fall
 "Market falls on fiscal deficit concerns")
Fiscal deficit rises to 91.3% of FY18 target in 6 months
In absolute terms, the difference between expenditure and revenue stood at Rs 4.99 lakh cr for the said period
 "Fiscal deficit rises to 91.3% of FY18 target in 6 months")
Govt likely to achieve fiscal deficit target of 3.2% in FY18: SBI report
In the current year so far, the government has already raised about Rs 19,759 crore through minority stake sale in CPSEs and strategic disinvestment
 "Govt likely to achieve fiscal deficit target of 3.2% in FY18: SBI report")
Is fiscal deficit of 3.2% of GDP written in stone?
Deficit isn't necessarily a bad thing. Much depends on how public money is allocated and spent and what the macroeconomic situation is
 "Is fiscal deficit of 3.2% of GDP written in stone?")
Stimulus roadblock: Fiscal deficit at 96% of full-year target
For the same period last year, the fiscal deficit stood at 76.4 per cent of the full-year target
 "Stimulus roadblock: Fiscal deficit at 96% of full-year target")
April-August fiscal deficit reaches 96.1% of FY18 target
The deficit was 76.4% of the full-year target during the same period a year ago.
 "April-August fiscal deficit reaches 96.1% of FY18 target")
Amid economic slowdown, Modi govt sticks to FY18 borrowing target
Modi's top policy advisers have called for stepping up government spending
 "Amid economic slowdown, Modi govt sticks to FY18 borrowing target")
Relax fiscal deficit, cut interest rates to revive growth, says CII
There should be interventions for depreciation of the rupee-dollar exchange rate to boost, says CII
 "Relax fiscal deficit, cut interest rates to revive growth, says CII")
Relax fiscal deficit target to boost economy: CII
CII looks forward to quick growth in the GDP
 "Relax fiscal deficit target to boost economy: CII")
State finances are showing signs of increasing fiscal imbalance
Fiscal deficit aggregates fell from 1.93% in 2011-12 to 3.03% in 2015-16
 "State finances are showing signs of increasing fiscal imbalance")
Fiscal deficit presents a growth challenge
A wider fiscal deficit was mainly due to front-loading of expenditure
 "Fiscal deficit presents a growth challenge")
April-June fiscal deficit hits 82% of FY target
Revenue deficit exceeds target
 "April-June fiscal deficit hits 82% of FY target")