Page 54 - Fiscal Deficit

At Rs 1.37 lakh crore, April fiscal deficit crosses 25% mark

Revenue collection was Rs 22,075 crore, or 1.6% of the estimate

Fiscal prudence

Principles that should underlie FRBM redesign

UP fiscal deficit on rising trajectory

It has more than doubled under 4-year rule of Akhilesh govt

FY18 fiscal deficit target may be set at 3-3.5% instead of 3%: BofA

Govt on May 17 formed a committee to examine the feasibility of a fiscal deficit range instead of a fixed target

Govt sets up FRBM committee on fiscal deficit range

The committee, formed to examine the need and feasibility of having a 'fiscal deficit range', will be headed by N K Singh

Fiscal concerns cloud likely uptick in Capex

By increasing states' share in the divisible tax pool to 42%, the 14th Finance Commission has ushered in a monumental change in the country's fiscal architecture. States now have the flexibility to prioritise their expenditure. Ishan Bakshi looks at the key fiscal trends seen in state budgets for 2016-17

FinMin to approach Cabinet for panel to fix deficit range

Finance Minister had in the 2016-17 Budget proposed to set up a committee to look into the possibility of fixing a range of fiscal deficit target

Fiscal deficit: Cabinet approves states' targets in line with 14th Finance Commission report

The report also suggested year-to-year flexibility for additional deficit of about 0.5%, plus or minus

Will meet revised FY16 fiscal targets: Govt

The ministry said tax revenues were on track and the 2015-16 revised targets were expected to be fully met

Fiscal deficit expected to be below 3.9%: Finance Ministry

As per fiscal consolidation roadmap, fiscal deficit for current fiscal has been pegged at 3.5% of GDP

Fiscal deficit at end-Feb exceeds revised estimate

March, final month of FY16, likely to make up as revenue swells

State govts likely to run wider fiscal deficit in FY17: HSBC

According to the financial services firm, the state deficit could rise to 2.9% of GDP in FY17

Govt sticking to fiscal deficit target a big relief: Economists

While welcoming the government's proposal of reviewing the medium-term fiscal framework, Rathin Roy, director, NIPFP said that it was a relief that the finance minister has chosen to stick to the fiscal deficit targetsThe assurance that the central government would stick to the fiscal deficit target of 3.5 per cent of gross domestic product in 2016-17 is a big relief, said economists at a post-Budget conference organised by five leading think-tanks in Delhi.But, concerns were raised about the manner the target is to be achieved. Particularly worrying is the government's over-reliance on non-tax revenues - it hopes to mop up roughly Rs 1.6 lakh crore through disinvestment and spectrum auctions. Concerns were also raised about the lack of a clear framework for the social sector.The post-Budget conference was organised by the Centre for Policy Research (CPR), International Council of Research on International Economic Relations (ICRIER), India Development Foundation (IDF), National Counci

How the govt plans to meet the fiscal deficit target

The finance ministry plans to retire about Rs 30,000 crore of government debt ahead of schedule to take advantage of the current market conditions

Changing fiscal architecture at state level

Increase in untied funds creates space for adjusting expenditure allocations

Phased pension hike likely to meet fiscal deficit target

Officials grappling with a combination of measures to provide spending buffer