Page 40 - Fiscal Deficit

India's fiscal experiments

The government will need to take a call on whether it wants to support growth - which is expected to slip to 5 per cent in the current year - or contain fiscal slippage

Ind-Ra expects states fiscal deficit to touch 3% of GDP in FY21

Ind-Ra's Devendra Pant said while bigger states are better placed to manage fiscal shocks, states which see fiscal deficit at 4% or more may see deterioration

GST, VAT collection dips as 6 states' tax revenue till November FY20 falls

On the other hand, tax revenues rose 13.44 per cent for West Bengal in this period

Budget 2020: Govt may consider tax sops, easier norms to boost investments

Revenue projections may be realistic this time

Calibrating the policy mix

The right fiscal-monetary-external balance must be achieved to nurture and harness a nascent recovery

Challenges before FM: Boosting growth, reining in fiscal deficit

Economic slowdown leaves Finance Minister Nirmala Sitharaman with a difficult choice in her second Budget - whether to rein in fiscal deficit or widen ot to stimulate the economy

Fiscal deficit may widen to 3.8% for current financial year: Report

A correction in consumption demand is cited as a major reason for a dip in economic growth to a decadal low of 5 per cent

BJP wants Sitharaman to give rural, infrastructure push in upcoming Budget

According to party, meeting fiscal deficit not the real economic issue for the government

Over-estimation of GDP numbers in Budget disturb fiscal calculations

Tax receipts are expected to fall by Rs 2.5 trillion which may also be caused by the corporation tax and GST rate cuts

The new axis of infrastructure

India's massive infrastructure build-out targets need an all-hands-on-deck effort

Glitter versus gold in policy-making

Three years of slowing growth hold two important lessons for the Budget

India Ratings pegs Centre's fiscal deficit at 3.6% of GDP ahead of Budget

In its outlook for FY21, it projected the deficit to be 3.4 per cent in the next year against 3 per cent given in the papers presented under the Fiscal Responsibility and Budget Management (FRBM) Ac

Revival lessons from 2008 stimulus

The persisting downturn is resulting in lower revenues and rising deficit, reducing the space for a fiscal stimulus

How well did the Modi govt manage its fiscal deficit in the last 6 years?

A comparison of Modi govt's management of fiscal deficit with UPA-2

FM Sitharaman to set realistic nominal GDP target at 9.5-10%: Report

"This year, there will be a realistic assessment of the nominal GDP," said a source.

Budget 2020: FY21 fiscal deficit likely to be around 3.5% of GDP

In the pre-Budget meetings, economists and experts have been advising Sitharaman and Prime Minister Narendra Modi to leave aside fiscal concerns

Don't lose sight of the long term

There could be disruptions in the near term, but ultimately the economy will bottom out

FinMin may use more cash management bills in FY21 to meet debt obligations

Though the Union Budget 2020 will decide the fiscal deficit for the next financial year, it is now almost certain that the current fiscal deficit of 3.3 per cent may be unattainable

Fiscal deficit won't matter if spending is prudent, says Pronab Sen

Terming the economic situation as 'very bad,' Sen said that post 2016-17 India's economic statistics measuring GDP growth were 'largely guess work'

Fiscal deficit target breached, won't advise tightening: Abhijit Banerjee

The Union Budget will be presented by Union Finance Minister Nirmala Sitharaman in February 2020.