Page 46 - Fiscal Deficit

Handle with care

Sovereign borrowing in foreign currency has inherent risk

Budget 2019: Govt lower fiscal deficit target to 3.3% from 3.4% for FY20

While presenting interim Budget 2019-20 in February, the government had pegged fiscal deficit target at 3.4 per cent

Centre cuts reliance on market borrowings to finance fiscal deficit

Share of market borrowings to bridge the fiscal deficit has plunged from 89 per cent in FY15 to 71 per cent in FY19

Budget 2019: Time for govt to restore its credibility, get numbers right

Restoring the finance ministry's credibility requires more than ensuring that the fiscal deficit numbers are believable

Some medium-term fiscal arithmetic

A medium-term macro-fiscal exercise will make clear the analytical choices and trade-offs that the government faces

Fiscal deficit hits 52% of FY20 budgeted target at Rs 3.66 trillion

Net tax receipts in the first two months of the fiscal year were Rs 1.15 trillion, while total expenditure was Rs 5.13 trillion, government data showed

Pace of revenue expenditure slows as fiscal deficit target looms

Finance Minister Arun Jaitley has said the fiscal deficit target of 3.3 per cent of gross domestic product (GDP) will be met without any cut in capital expenditure

Fiscal deficit hits 52% of budgeted target in first two months of FY20

Expenditure during the April-May period stood at Rs 5.12 trillion or 18.4 per cent of the Budget estimates

Greater slippage likely to raise questions over fiscal arithmetic for FY20

The interim Budget pegs collections from CGST for the full year at Rs 5.04 trillion

Fiscal deficit to revenue target: Crunching the Budget numbers

With GST revenues coming well below expectations, the Centre failed to meet its budgeted fiscal deficit target yet again

States, schemes and disaster management bear cost of fiscal discipline

Farm sector spend took a hit, as PM-KISAN beneficiaries remained largely unidentified

Achieving a fiscal miracle

The government managed to recover more by way of loan repayments and increase its disinvestment receipts over and above what was mentioned in the revised estimates

Modi govt meets revised fiscal deficit target of 3.4% for 2018-19

The revenue deficit for the entire FY19 came in at 108.2% of the full year target, compared to 102% for FY18

Govt meets its interim budget fiscal deficit target of 3.4% for 2018-19

In absolute terms, fiscal deficit at the end of March 31, 2019, stood at Rs 6.45 trillion as against Rs 6.34 trillion in the revised estimates of Budget

States may cause fiscal slippage because of populist schemes, warns RBI

Loan waivers, income support schemes are 'poor fiscal marksmanship', says RBI in meeting with Finance Commission.

Why the government must sell urban land

The time has come for the finance ministry and the RBI governor to sit down and work out a new way of 'additional resource mobilisation'

Govt manages to meet revised fiscal deficit target of 3.4% of GDP

Finance Secretary Subhash Chandra Garg said the government is close to meeting fiscal deficit target of 3.4% for 2018-19

Govt close to meeting fiscal deficit target of 3.4%: Economic Affairs Secy

The government at many occasions had indicated that there might be some shortfall on indirect taxes collection side during 2018-19 but not on direct tax front

India's April-February fiscal deficit at 134% of FY target: Govt data

India's April-February fiscal deficit touched Rs 8.51 trillion ($123.07 billion), or 134.2 per cent of the budgeted target for the current fiscal year

To meet fiscal target, govt to compress spending by Rs 60,000 crore

This compression will include subsidy carry-overs of as much as Rs 35,000 crore, ministries returning unspent amounts of as much as Rs 20,000 crore combined, and capital expenditure (capex) cuts