Page 17 - Fiscal Deficit

Budget 2023: FM may bring fiscal deficit target down to less than 6% of GDP

Fiscal deficit helps in assessing macroeconomic stability of a nation, which also impacts inflation

Three points for the Budget

Of the many things to watch in the Budget, three things-growth, fiscal deficit and stance on trade-will receive special attention from analysts. Getting the tone right will be crucial

Fiscal deficit target for FY24 to be kept at 5.8-5.9% in Budget: Report

The fiscal deficit is expected to remain much larger than the 4-4.5 per cent of the GDP that was usual for decades

Best of BS Opinion: Deficient regulation, structural strength, and more

Here is the best of Business Standard's opinion pieces for today

Building resilience for the long game

The Budget should focus on keeping the domestic house in order. If it manages to do so, then India could attract large capital inflows once the global shocks fade

Budget must focus on lowering fiscal deficit: EY India's Rajiv Memani

In an interview with Ruchika Chitravanshi, Rajiv Memani, chairman and managing director of EY India, said that there is a strong enabling environment for private sector investment

Prioritising stability over growth

The backdrop of the Budget augurs well for the government, but a closer look calls for a cautious approach

The bicycle theory of the 2023 Budget

Lowering the fiscal deficit to sustainable levels will be the biggest challenge for the government, but there are enough reasons for it to keep pedalling hard

Fiscal consolidation expected on the back of lower subsidy payments

The Central government's fiscal deficit is expected to narrow to 5.9 per cent of GDP in F2024 from 6.4 per cent in F2023, Morgan Stanley said in a report

Analysts expect FM Sitharaman to trim FY24 fiscal deficit to 6% or lower

Finance Minister Nirmala Sitharaman will keep on the path of fiscal consolidation and opt for narrowing the FY24 fiscal deficit to as low as 5.8 per cent in the upcoming Budget, analysts said Tuesday

SBI estimates India's FY23 fiscal deficit at Rs 17.5 trn, FY24 Rs 17.95 trn

Upcoming budget 2023 will be challenging for government to follow the roadmap for fiscal consolidation amidst a global environment of declining inflation, said top economist of State Bank of India

Central govt's borrowings may touch Rs 14.8 trillion in FY24: Icra report

Nevertheless, as a proportion of GDP, fiscal deficit is expected to ease to 5.8 per cent from 6.4 per cent

Best of BS Opinion: Conservative budgeting, financialising economy & more

Here is the best of Business Standard's opinion pieces for today

Fiscal deficit in FY24 may be capped at 5.9%, says Goldman Sachs

The upcoming pre-election Budget will carry forward the trend of the increased capital expenditure seen in recent years

Conservative budgeting

Fiscal space should be used carefully

Govt likely to consolidate fiscal deficit to 5.9% of GDP in FY24: Goldman

The government aims to shrink the gap to below 4.5% of GDP by 2025-26

Higher nominal GDP likely to help govt meet fiscal deficit target

The leeway to the government was given by the first Advance Estimates, which pegged GDP at current prices at Rs 273 trillion for 2022-23 as against Rs 258 trillion assumed by the FY23 Budget

How sustained 6.5% growth for the rest of the decade can be realistic

Growth beyond 6% can happen, but there are constraints on both fiscal and monetary policy, which must focus on reducing the current account deficit, the fiscal deficit and inflation, writes T N Ninan

Centre's fiscal deficit for April-November period at 58.9% of FY23 target

In fact, in November the fiscal deficit widened by Rs 2.2 trillion, the highest ever in any month this financial year

Fiscal deficit touches 59% of full-year target in November at Rs 9.78 trn

The government's fiscal deficit at the end of November touched 59 per cent of the full year budget estimate, according to data released by the Controller General of Accounts (CGA) on Friday. In actual terms, the fiscal deficit -- the difference between expenditure and revenue -- was Rs 9,78,154 crore during the April-November period of 2022-23. In the corresponding period last year, the deficit was 46.2 per cent of the budget estimates of 2021-22. For 2022-23, the fiscal deficit of the government is estimated to be Rs 16.61 lakh crore or 6.4 per cent of the GDP.