Page 53 - Latest Updates on Fiscal Deficit
April-June fiscal deficit hits 81% of full-year target
The fiscal deficit was 61.1% of the full-year target during the same period a year ago
 "April-June fiscal deficit hits 81% of full-year target")
Govt meets FY17 fiscal deficit target
This was achieved in spite of a higher than budgeted capital expenditure for the year
 "Govt meets FY17 fiscal deficit target")
Govt meets 3.5% fiscal deficit target in FY17
Total expenditure of the govt in April was Rs 2.42 lakh crore, or 11.3% of the full-year estimate
 "Govt meets 3.5% fiscal deficit target in FY17")
Fiscal deficit for FY17 contained at 3.51% of GDP
Govt got Rs 11.02 lakh crore in net tax receipts during the fiscal year
 "Fiscal deficit for FY17 contained at 3.51% of GDP")
FRBM panel sets 2.5% fiscal deficit target by FY23
Panel has provided for 'escape clauses' for deviations in fiscal deficit up to 0.5%
 "FRBM panel sets 2.5% fiscal deficit target by FY23")
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
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")