Page 27 - Fiscal Deficit

Statsguru: From Bihar to West Bengal, a peep into state Budgets

To keep their expenditure at the desired levels at a time of significant revenue losses, all states have expanded their fiscal deficits - similar to what the Centre did last month

Best of BS Opinion: Job quotas, banking on slower recovery, and more

Here's a selection of Business Standard opinion pieces for the day

Banking on slower recovery

The Centre's current deficit glide path reveals a conservative stance on growth

Fiscal deficit hits Rs 12.34 trillion at end of January, shows data

The fiscal deficit at the end of January in the previous financial year was 128.5 per cent of the Revised Estimates (RE)

India's April-Jan fiscal deficit hits 66.8% of full-year target

The federal fiscal deficit in the 10 months to end-January stood at 12.34 trillion rupees ($167 billion)

Tamil Nadu budget: Fiscal deficit may widen by 5% of GSDP to Rs 96,890 cr

State tax revenue seen declining by 18%, says Deputy CM and Finance Minister Panneerselvam, while presenting interim budget

Reining in fiscal deficit key to India keeping investment grade rating: S&P

S&P currently has India at 'BBB-'

Finance commission recommendations aren't a one-day match: N K Singh

In a Q&A, the chairman of the 15th Finance Commission is emphatic that cooperative federalism remains robust and dwells on the possibilty of dividing agro infra cess between Centre and states

Best of BS Opinion: PSB privatisation, vaccinating India brilliantly & more

Here's a selection of Business Standard opinion pieces for the day

Fiscal doves in India: right and wrong

The idea that fiscal prudence and welfare of the less well-off are mutually exclusive is misplaced

Top headlines: All Jaguars to go electric, IT sector revenue to hit $194 bn

A month into the vaccination drive, which has covered more than 8.5 million so far, the health ministry has indicated that Covid-19 vaccines are not likely to be there in the open market anytime soon

States' fiscal deficit to narrow to 4.3% of GDP in FY22: Ind-Ra

The agency's earlier forecast for FY21 was 4.5 per cent. The revision was made due to a sharper-than-expected contraction of 6.1 per cent in the nominal GDP

State's fiscal deficit to rise marginally to 3.3% in FY18: Ind-Ra

Market borrowings of the states will increase to Rs 3.7 lakh cr from the Rs 3.5 lakh cr in FY17

States' fiscal deficit to narrow to 4.3% of GDP in fiscal 2022: Report

The aggregate fiscal deficit of states is likely to be at 4.3 per cent of the GDP in 2021-22 compared to 4.6 per cent in 2020-21, says a report by India Ratings and Research

Best of BS Opinion: Increasing fiscal constraints, Budget 2021, and more

Here's a selection of Business Standard opinion pieces for the day

Increasing fiscal constraints

Govt must focus on mobilising more revenues

Best of BS Opinion: A steep fiscal correction, a strategy for GST, and more

Here's a selection of Business Standard opinion pieces for the day

A steep fiscal correction

With modest revenue effort, the burden of cutting the deficit will fall on a big expenditure contraction

FM's 'Mool Mantra': Can't dodge fiscal deficit, has to be carefully tackled

Sitharaman asserts while govt can give stimulus, long-term infra financing is job of DFIs. Private players in this space will make funding competitive

Govt taking steps to carefully monitor fiscal deficit: FM Sitharaman

Finance Minister Nirmala Sitharaman on Monday said the government is taking steps to carefully monitor the fiscal deficit, which is estimated at 9.5 per cent of the GDP for the current financial year. The 'mool mantra' now is that fiscal deficit is something that one cannot escape, but at the same time, it needs to be carefully tackled, she said in her post-Budget address to members of PHD Chamber of Commerce. India has exceeded its fiscal deficit target of 3.5 per cent in the current fiscal by a wide margin, due to higher spending to stimulate the economy amid the COVID-19 pandemic. The fiscal deficit -- the excess of government expenditure over its revenues -- has been pegged at 9.5 per cent of the gross domestic product (GDP) in the current fiscal ending March 31, as per the revised estimate. For the next fiscal, the deficit has been pegged at 6.8 per cent of GDP, which will be further lowered to 4.5 per cent by fiscal 2025-26. Emphasising that the government has made the Union