One should not rule out Ms Sitharaman doing better than what she has projected for next year's total revenue numbers
The fiscal deficit or the gap between expenditure and revenue was estimated at 6.8 per cent of the gross domestic product (GDP) in the current financial year ending March 31, 2022
India will comfortably meet its fiscal deficit FY22 target on the back of a strong rebound in revenues, said the Economic Survey 2021-22
Finance Minister will probably increase the budget by about 14% year-on-year to Rs 39.6 trillion in the fiscal year beginning April.
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Departments to seek additional funds only for unavoidable expenditure
They put forward their views for the development of their respective regions
A smaller fiscal deficit means the government could reduce its bond issuance target for 2022
The government would bring forward by one year a medium-term forecast of achieving a surplus, to fiscal 2026.
Rating agency ICRA said it expects a miss in disinvestment target to cause the government's fiscal deficit to print at Rs 16.6 trn or 7.1% of the GDP in FY2022, overshooting the budgeted target.
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The government was given this lever after the first Advance Estimates pegged GDP at current prices at Rs 232.15 trillion
FM Sitharaman is due to unveil the FY23 budget on Feb. 1 and officials said the thinking was that sharp cuts in government expenditure could hurt growth prospects
May impact growth in Q3 but capex by select states likely to come to some aid
Wider merchandise trade deficits pulled India's Q2FY22 current account into the negative territory, official data showed on Friday.
Centre's fiscal deficit touches 46.2% of annual target till November-end
The fiscal deficit had surged to 135.1% of the full-year target during the same period last fiscal year
The government has budgeted for total expenditure of Rs 34.83 lakh crore or 6.8 per cent of GDP