In August, capital expenditure rises after falling in the first 4 months
The fiscal situation in April-August showed deterioration over the corresponding period of the previous year
In the corresponding period of FY16, stood at 69.3% of BE for that year
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
MTEF stated the Indian economy was showing 'bright' near-term prospects, and that macro-economic stability has improved
If combined, there is expected to be a huge reset in fiscal deficit targets
This indicates a greater frontloading of expenditure this time, plus below-par non-tax revenue receipts
If global oil prices rise sharply, fuel excise duties will have to be cut, it warned
The April-June fiscal deficit was at Rs 3.26 lakh crore
Tax collections up 28% to Rs 3.24 lakh crore during April-June 2016
In April, first month of this financial year, it was 25.7% of the year's budgeted amount, compared to 23% in the same month of 2015
The fiscal deficit situation during April-May of the last fiscal was 37.5% of the Budget estimates
Tamil Nadu's finances most stressed, with gross fiscal deficit estimated at Rs 31,830 crore
For FY17, the deficit target is 3.5 per cent of GDP
Revenue collection was Rs 22,075 crore, or 1.6% of the estimate
Principles that should underlie FRBM redesign
It has more than doubled under 4-year rule of Akhilesh govt
Govt on May 17 formed a committee to examine the feasibility of a fiscal deficit range instead of a fixed target
The committee, formed to examine the need and feasibility of having a 'fiscal deficit range', will be headed by N K Singh