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Tag: Fiscal deficit

Economy

Explained:About India’s fiscal deficit

January 16, 2020January 16, 2020 - by Abdul

News:Recently,former Economic Affairs secretary has claimed that the actual fiscal deficit for the last financial year and the current one is more than a full percentage point higher than the …

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Economy

Explained: Why state budgets matter

October 8, 2019October 9, 2019 - by Abdul

News:The Reserve Bank of India (RBI) has released its annual study of state-level budgets. Facts: Highlights of the study: The study has found that except during 2016-17,state governments have regularly …

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Economy

Fiscal deficit crosses 77% of annual target in July

August 31, 2019August 31, 2019 - by Abdul

According to data released by the Controller General of Accounts(CGA), India’s fiscal deficit has reached 77% of the annual target for 2019-20 in July. Fiscal deficit is the amount of …

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Economy

Why lower fiscal deficit isn’t always good news

August 13, 2019August 13, 2019 - by Abdul

According to the data,there is growing concern about the slowdown in India’s economic growth.Recently,RBI had also cut repo rates by 35 basis points, which was the sharpest cut in nine …

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Economy

Budget Briefs: Fiscal deficit target revised downwards to 3.3%

July 6, 2019July 6, 2019 - by Abdul

Finance Minister has announced the fiscal deficit target for 2019-20 at 3.3% of GDP from 3.4% set in the Interim Budget presented on February 1, 2019. Fiscal deficit is the …

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Economy

SC to hear petition to end write-offs

April 20, 2019April 20, 2019 - by Abdul

A petition has been filed in the Supreme Court to restrain banks from writing off non-performing assets(NPAs) and governments from waiving off farm loans. The petitioner has said that Supreme …

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Economy

States overall deficit set to decline in FY20: Economists

March 24, 2019March 25, 2019 - by Abdul

State Bank of India(SBI) Economists has said that states have managed to contain the fiscal deficit at the aggregate level for FY20.All the states have projected a decline in fiscal …

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Economy

Fiscal deficit in Jan. at 121.5% of full-year target

February 27, 2019February 27, 2019 - by Abdul

According to the data released by the Controller General of Accounts, Centre’s fiscal deficit touched 121.5 per cent(7.70 lakh crore) of the budgeted target of Rs 6.34 lakh crore for …

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Economy

Interim Budget 2019: Centre’s fiscal deficit target goes for a toss

February 2, 2019February 13, 2019 - by Abdul

The Government have budgeted the fiscal deficit for 2019-20 at 3.4% of the Gross Domestic Product which is slightly higher than the target of 3.3% of GDP that the government …

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