Page 45 - Fiscal Deficit

Fiscal deficit crosses 77% of budgeted target in first four months of FY20

The deficit stood at 8.8 per cent of gross domestic product (GDP) in the first quarter of FY20 (Q1FY20)

Fiscal deficit crosses 77% of budgeted target in first 4 months of FY20

Net tax receipts in the first four months of the fiscal year were Rs 3.39 trillion, while total expenditure was Rs 9.47 trillion, government data showed

Top 10 biz headlines: RBI helps govt on fiscal deficit, IndiGo AGM & more

From RBI's surplus transfer helping the govt contain fiscal deficit at 3% of GDP in 2019-20 to India's leading PSUs facing financial headwinds, here are the top business headlines for Tuesday

Govt may contain fiscal deficit at 3% in FY20 after RBI's surplus transfer

The fiscal deficit target seemed challenging with subdued tax collections

FM's fiscal stimulus can boost consumption ahead of festive season

The FM also promised to accelerate the processes for GST refunds

Minutes of MPC meeting: Fixing weak economic growth remains top priority

What is telling is that large swings in the Indian business cycle are still not a thing of the past, despite the adoption of inflation targeting in India

Crafting a fiscally neutral stimulus

With a slew of industries in the grip of a prolonged slump, a package of measures that will boost demand without burdening the exchequer is imperative

Misleading fiscal deficit

CAG's view on Budget numbers has merit

Budget numbers indeed look challenging to achieve: DSP MF's Saurabh Bhatia

Whilst the noise on feasibility of budget numbers and risks on sovereign borrowing would persist in the near term, the budget outcome has certainly eased the job for RBI MPC to ease rates further

Unlike other UTs, Jammu & Kashmir to get funds from Centre's divisible pool

Resources for other UTs are allotted from the central government's coffers

Three contradictions that hobble Modi govt's response to economic slowdown

The Modi regime wants a bigger role for the government but it does not have the comfort of having enough financial resources

Where do numbers go: CAG, finance ministry spar over off-Budget financing

The issue has been flagged in audit reports by the CAG tabled in Parliament in February this year, as well as in its recent presentations to the 15th Finance Commission

April-June fiscal deficit hits 61.4% of FY target; touches Rs 4.32 trn mark

Data by the Controller General of Accounts showed that total expenditure for April-June was Rs 7.22 trillion

Fiscal deficit touches Rs 4.32 trillion in Q1, 61.4% of budget estimate

The CGA data showed that revenue receipts of the government during April-June, 2019-20 was 14.4 per cent of the Budget Estimate

Fiscal deficit crosses 61% of budgeted target in first 3 months of FY20

Net tax receipts in the first three months of the fiscal year were Rs 2.51 trillion

Fiscal deficit hawk with a sense of humour: Subir Gokarn dies at 60

Gokarn was the first Indian central banker who regularised warnings to the government, through the monetary policy statement, on the need to reduce fiscal deficit

Tight-fisted Budget leads to capex squeeze, and it's not surprising anymore

The share of capital expenditure has shown a declining trend over the last twenty years

Tight-fisted Budget leads to capex squeeze, and it's not surprising anymore

The share of capital expenditure has shown a declining trend over the last twenty years

Govt committed to fiscal consolidation, helping infrastructure: Sitharaman

The government has set the fiscal deficit target at 3.3 per cent of GDP for 2019-20, says Finance Minister.

The algebra of state spending

Net tax revenues are expected to surge by 25.3 per cent, non-tax ones by 27.2 per cent & disinvestment by 23.5 per cent