“Higher fiscal deficit is primarily originating from lower receipts. Ind-Ra expects FY21 central government fiscal deficit to come in at 7 per cent of GDP.”
January 1, 2021
The Central government's total expenditure stood at Rs 12.47 lakh crore (41 per cent of BE) while total receipts were Rs 3.77 lakh crore (16.8 per cent of BE).
October 1, 2020
The Congress also slammed the Union Government for not allowing CSR funds to the CM relief fund and termed it discriminatory. The party said the PM-CARES Fund should be merged with PMNRF.
April 14, 2020
Out of total government expenditure of Rs 21.09 lakh crore, which is 76 per cent of the BE, revenue expenditure was Rs 18.54 lakh crore and capital expenditure Rs 2.55 lakh crore.
February 21, 2020
The Budget highlights the challenges to fiscal consolidation from slower and nominal growth, which may continue for longer than the government forecast, it added.
February 1, 2020
FM Sitharaman may push for Rs 30K cr interim dividend from RBI to meet low revenue generation, slowdown
The government is fighting a six year low growth, subdued demand and consumption leading to projections of 5 per cent growth in current fiscal which is an 11 year drop.
January 21, 2020
Total receipts comprised Rs 7.50 lakh crore of net tax revenue and Rs 2.32 lakh crore of non-tax revenue receipts.
December 31, 2019
The country's growth slumped to a six-year low of 5% in the April-June quarter.
October 12, 2019
New Delhi, Sep 20 : As the exuberance of stock market and corporates over the tax cuts settles…
September 20, 2019
According to Kotak, optically, the excess provision transfer of Rs 52,300 crore, as well as the Rs 54,000 crore of higher dividend, will seem positive for bonds.
August 27, 2019
New Delhi, July 6 (IANS) Revenue mobilisation is the single biggest impediment in the investment and consumption oriented…
July 6, 2019
New Delhi, Feb 26 (IANS) India’s budgetary fiscal deficit for April-January at Rs 7.70 lakh crore has touched…
February 27, 2019
This is as compared to 67.4 per cent of budget estimates received in the same period of 2017-18.
February 5, 2019
Fiscal deficit target pegged at 3.4% of GDP in 2019-20
February 1, 2019
Of the total expenditure in this period, Rs 14.22 lakh crore was on revenue account and Rs 1.91 lakh crore on capital account.
December 28, 2018
Non-debt capital receipts consisted of loan recovery worth Rs 9, 080 crore and disinvestment of public sector undertakings amounting to Rs 10,101 crore.
November 30, 2018
New Delhi, Oct 25 : India’s budgetary fiscal deficit for the April-September period at Rs 5.95 lakh crore…
October 25, 2018
New Delhi, Sep 15 : Virtually ruling out any immediate cut in fuel prices, Finance Minister Arun Jaitley…
September 15, 2018
This is the first time in over four years that this government is facing a minor problem on the economic front. But they are unable to handle the crisis and coming out with all sorts of justifications.
September 11, 2018
According to the CGA data, net of tax revenue during the period under review was Rs 1.02 lakh crore, or 6.9 per cent of the estimated target.
June 30, 2018
New Delhi, Feb 28: India’s fiscal deficit for April-January period of 2017-18 stood at 113.7 per cent of the…
February 28, 2018
Senior Congress leader and former finance minister on Saturday while speaking at a function in Chennai said that…
February 10, 2018
The state finance secretary Subhash Chandra Garg spoke to Mint about the Union Budget and its different provisions…
February 3, 2018
New Delhi, Dec 29: India’s budgetary fiscal deficit for the first eight months of 2017-18 stood at 112 percent…
December 29, 2017
New Delhi, Sep 29, 2017: India’s April-August fiscal deficit — at Rs 5.25 lakh crore — stood at…
September 29, 2017
"Macro factors like fiscal deficit, CAD, inflation and new employment generation indicated weakness."
September 23, 2017
New Delhi, June 30 : India’s fiscal deficit up to last month during the current fiscal touched Rs 3.73…
June 30, 2017
New Delhi, March 31: India’s fiscal deficit in the April-February period of the current fiscal touched Rs 6.06…
March 31, 2017
New Delhi, January 24: After massive economic disruption was caused by Prime Minister Narendra Modi led demonetisation drive in…
January 24, 2017
New Delhi, January 11: RBI Governor Urjit Patel on Wednesday urged Indian government to suppress central as well…
January 11, 2017
Former Finance Minister P. Chidambaram’s last budget artificially brought down the country’s fiscal deficit, leaving the Prime Minister…
August 9, 2016
As the day for presentation of the Union Budget 2016-17 nears, RBI Governor Raghuram Rajan had some advice…
January 30, 2016