Page 2 - Fiscal

Budget consistent with fiscal strategy; aimed at boosting demand

The fiscal multiplied impact of higher government consumption spending is coupled with signal to household sector to spend more

Govt's fiscal woes likely to climb as gross spending to rise by 20%: Report

The total budgeted expenditure of the central government for 2019-20 is Rs 27.86 trillion.

Over-estimation of GDP numbers in Budget disturb fiscal calculations

Tax receipts are expected to fall by Rs 2.5 trillion which may also be caused by the corporation tax and GST rate cuts

Come clean on the fisc

If taxes fall short, it should not be covered up

The stimulus should be monetary, not fiscal

Fight against the last vestiges of inflation threatens to undo significant policy gains of recent years

India set to grow at 7.2% this fiscal on rising consumption: ADB

Strengthening domestic demand will offset weaker export growth

Govt confident on fiscal deficit target

Deficit spike in first half but revenue expected to pick up in second half; no spending cuts envisaged, assure officials

Centre asks states to raise capex; focus on rural, infra

States' share in Union taxes has substantially gone up after implementation of the 14th Finance Commission report

Finance Ministry, RBI to meet on March 18 to decide FY17 borrowing

The net borrowings from market in next fiscal would be Rs 4.2 lakh cr, down from Rs 4.4 lakh cr in the current fiscal

State govts may face fiscal shocks in coming months: Deutsche Bank

Some factors include narrow 'own-source' revenue, mandate to help clear debt of state owned enterprise (SoEs) in power sector and pressure to raise wages