Page 53 - Fiscal Deficit

Income Disclosure schemes may help govt meet fiscal deficit target: RBI

Current account deficit has narrowed to 0.6% in Q2 from 1.1% in the same quarter last year

Per capita debt rises 9% to Rs 53,796 at March 2016

The per capita burden of Union Government inter-alia includes external debt, internal debt and other liabilities

Oct surplus helps govt pare fiscal deficit

For April-October last year, the fiscal deficit had stood at 74% of budgeted estimates

Fiscal deficit in H1 balloons to two-decade high

Hits 83.9% of annual Budget target; revenues from divestment, black money scheme, economic growth-induced tax buoyancy may give cushion in H2

Fiscal deficit target will be a tight squeeze

Pay hikes, weak spectrum sales add pressure to curb spending

Fiscal deficit at 76.4% of BE in first five months of FY17

In August, capital expenditure rises after falling in the first 4 months

Fiscal deficit at 76.4% of Budget estimate in April-August

The fiscal situation in April-August showed deterioration over the corresponding period of the previous year

April-July fiscal deficit at 73% of BE

In the corresponding period of FY16, stood at 69.3% of BE for that year

Ajay Chhibber: Redoing the fiscal math

Given the key role of states and PSUs in the economy, the panel that is reviewing FRBM Act must examine the broader public sector's finances, and not focus purely on the Centre's fiscal deficit

Meeting fiscal deficit target for FY17 a challenge, says government

MTEF stated the Indian economy was showing 'bright' near-term prospects, and that macro-economic stability has improved

FRBM panel for combining Centre, states' deficit targets

If combined, there is expected to be a huge reset in fiscal deficit targets

Shaky fiscal grounds

The government sought Parliament's approval for an extra Rs 20,948 crore for 2016-17 through the first supplementary demand for grants tabled in the Lok Sabha on Monday.Though the additional gross expenditure sought was Rs 1,03,013 crore, Rs 82,065 crore would be met by savings of the ministries, departments and by enhanced receipts and recoveries. If no additional revenues come during the year, the Centre's fiscal deficit will increase to 3.7 per cent of GDP from the budgeted 3.5 per cent.The fiscal deficit has already touched 61 per cent of the budgeted amount in the first three months of the financial year. Here is a look at the government's math:

Apr-Jun fiscal deficit at 61% of FY17 target

This indicates a greater frontloading of expenditure this time, plus below-par non-tax revenue receipts

India unlikely to slip on FY17 fiscal deficit target: DBS

If global oil prices rise sharply, fuel excise duties will have to be cut, it warned

Fiscal deficit at 61.1% of BE in Q1FY17

The April-June fiscal deficit was at Rs 3.26 lakh crore

Rising tax kitty to help Centre meet fiscal deficit target

Tax collections up 28% to Rs 3.24 lakh crore during April-June 2016

April-May fiscal deficit at 43% of BE

In April, first month of this financial year, it was 25.7% of the year's budgeted amount, compared to 23% in the same month of 2015

April-May fiscal deficit at 43% of Budget estimates

The fiscal deficit situation during April-May of the last fiscal was 37.5% of the Budget estimates

Maharashtra remains the richest state: RBI report

Tamil Nadu's finances most stressed, with gross fiscal deficit estimated at Rs 31,830 crore

FY16 fiscal deficit target met

For FY17, the deficit target is 3.5 per cent of GDP