Page 41 - Fiscal Deficit

We have reprioritised spending to be more productive: Expenditure Secretary

If you look at the growth target of 10 per cent nominal GDP, what we expect is something like 6-6.5 per cent real GDP growth, and inflation of 3.5-4 per cent

Budget stimulus unlikely to revive India's growth from slowdown: Experts

Economists and industry leaders said the budget proposals would provide some support to growth over the longer term but were insufficient to give it an immediate boost

Govt very transparent in setting new fiscal deficit target: FM Sitharaman

She further said that many people have been speculating that the fiscal deficit would cross 4%

Analysts expect RBI rate hike, see FY21 fiscal deficit target challenging

Goldman Sachs said the central bank will shift the stance of the monetary policy to "neutral" from "accommodative" at this week's review

A prudent Budget that is unlikely to revive faltering economic growth

Fiscal prudence has been given priority over fiscal stimulus which will contain the growth of debt liabilities, but it will not provide the strong public expenditure push required for reviving growth

Budget: A few positive prescriptions for a slow cure, says JM Financial MD

It is reassuring to see that the deficit target was kept within expected lines and 10 per cent growth in nominal gross domestic product is projected

Risks of revised estimates

How a potential fiscal deficit of 4.65% of GDP was brought down in the 2019-20 revised estimates

Revised 3.8% fiscal deficit for FY20 looks ambitious, says SBI Research

The revised deficit target is propped on the belief that the divestment will fetch Rs 65,000 crore through the next two months

Nirmala Sitharaman's Budget again reveals structural fiscal constraint

It recognises it cannot afford space for expansionary fiscal policy

Budget 2020 in 2 minutes: Fiscal deficit target, income tax rates, and more

The personal income tax has been simplified and reduced. Individuals will have to pay tax at the reduced rate of 10% for incomes of Rs 5-7.5 lakh, against the current rate of 20%

Budget 2020 subsidy burden looks benign due to off-budget borrowing

Fertiliser subsidy down, food subsidy up

Budget 2020: A K Bhattacharya on major takeaways for the Indian economy

What did the finance minister have in the Budget for the Indian economy? Listen to the podcast to know

Fiscal deficit way past 3.5% goal if off-budget borrowings are factored in

Adding these borrowings, amounting to Rs 1.86 trn, to the Rs 7.96 trn projected fiscal deficit would take the actual deficit to 4.37% of GDP, and not the official 3.5% estimate

India's growth, fiscal deficit projections challenging to meet: Moody's

Nirmala Sitharaman, set a fiscal deficit target of 3.5% of GDP for the year ending March 2021 and said it expected nominal GDP of 10%

Income Tax slabs to fiscal deficit, all the key points from Budget 2020

Govt estimates economic growth this fiscal year, which ends on March 31, will slip to 5% - its weakest pace since the global financial crisis of 2008-09

Govt revises FY20 fiscal deficit target to 3.8% from earlier target of 3.3%

Sitharaman, who was presenting the annual budget in parliament, also pegged the fiscal deficit target for the year 2020/21 at 3.5% of the GDP

Revival in sight: Economic Survey pegs FY21 GDP growth at 6-6.5%

Fiscal targets may have to be relaxed for the current year

Govt should lean on growth instead of focusing on fiscal deficit: CEA

It is time to focus on growth and, therefore, cutting expenditure is not an option, probably because at a time like this, growth needs to be taken care of, he added

Pace of road construction less than half that of 2018-19: Economic Survey

Per-day construction drops from 29.7 km in FY19 to 12.7 km in first six months of current fiscal

Fiscal deficit hits 132% of estimate till Dec on slow revenue collection

The government aims to restrict the gap at 3.3 per cent of the GDP or Rs 7,03,760 crore in the year ending March 2020