Page 33 - Fiscal Deficit

Ease fiscal deficit, look at higher spend for future: Assocham President

Infra spending has thrice the desired impact, govt's Rs 111 trn National Infrastructure Pipeline should be speeded up, says Vineet Aggarwal

Budget 2021: Govt likely to target fiscal deficit at 4% of GDP by FY26

Centre to deviate from long-standing medium-term target of 2.5-3% of GDP

Financing the vaccine

Any cess or surcharge should be one-time

FY21 fiscal deficit seen at 7.4% of GDP: State Bank of India report

This comes amid enhanced government expenditure amid the pandemic, said the SBI report

Political economy of fiscal responsibility

The economy requires a fiscal battle plan and this, in turn, requires a fiscal responsibility framework

Fiscal deficit to hit 6.1% of GDP in FY21: Govt's first advance estimates

The National Statistical Office on Thursday estimated nominal GDP at Rs 194.8 trillion - a 4.2 per cent contraction over the previous fiscal year

India's fiscal deficit likely to be over 7% in 2020/21: Report

A fiscal deficit of more than 7% would be higher than some private economists have projected

FinMin releases Rs 6K crore to states to meet GST compensation shortfall

The Centre had set up a special borrowing window in October 2020 to meet the estimated shortfall of Rs 1.10 trillion in revenue arising on account of implementation of GST

Centre's debt touches 56.2% of GDP in first half of FY21, shows data

Outstanding debt was Rs 107.04 trn, 13.12% more than Rs 94.62 trn at FY20-end

Interest rates on small savings kept unchanged for fourth quarter of FY21

The rates have not been changed since September 1, 2020; status quo to help Centre raise additional resources, says Icra economist

Fiscal deficit at 135% of BE on higher capex; spending in Nov rises 250%

This is despite a reasonable pick-up in tax revenues during the month as economic activity gradually reverts to normalcy amid the pandemic

India's April-November fiscal deficit tops 135% of full-year target

Net tax receipts were 6.88 trillion rupees, while total expenditure came to 19.06 trillion rupees

Economy to recover in 2021, but output may take another year to regain loss

While inflation is likely to moderate, fiscal deficit is clearly the pain point

Best of BS Opinion: A new fiscal road map, emission reduction, and more

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

In search of a new fiscal road map

Budget 2021 must overhaul the existing FRBM Act to set feasible targets on deficit and debt

Beyond Budget Headlines with AKB: Why bad banks are a bad, bad idea

Tune in to this podcast to learn which big schemes could get more funding and which the axe, and if setting up multiple bad banks would be a good idea, among other things

Govt may have to apply brakes on existing fiscal consolidation road map

Centre may have to amend FRBM Act once again to achieve this, which isn't an issue as such an amendment does not require a two-third or three-fourth majority

Beyond Budget Headlines with AKB: Govt should invest in small-gestation projects

In this second episode of our special video series on Budget, A K Bhattacharya talks about fiscal deficit target, government spending and disinvestment goals

Watch: Beyond Headlines with AKB, Ep 1: Pandemic Budget or lockdown Budget?

FM Nirmala Sitharaman has said she will not hold back on spending to contain fiscal deficit

Beyond headlines: Will Budget 2021 be pandemic Budget or lockdown Budget?

In the first of a series of videos in the run-up to the Budget, Business Standard Editorial Director A K Bhattacharya gives his expert views on what to expect from this Budget