Tag: Fiscal deficit
17 Results
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Rajasthan records less than 5 percent Fiscal Deficit : Minister Kalla
Replying to a debate on the Rajasthan Appropriation Bill-2022 in the state assembly here, Dr B D Kalla, the Education Minister and Minister-Incharge said that the government's on-tax revenue has increased by 28 percent, while the non-tax revenue has increased by 23 percent.
September 22, 2022 -
India to breach fiscal deficit target in FY22: Fitch Solutions
It did not expect the government to significantly expand spending beyond what has been budgeted.
May 7, 2021 -
Subaltern Economics
The RBI-appointed KV Kamath Committee, which worked out the financial parameters for loan restructuring, has concluded that 72 per cent of banking sector debt worth Rs 37.72 lakh crore was under stress. Further, according to the Committee, the coronavirus pandemic is not solely responsible for the stressed loans; Rs 23.71 lakh crore, or 45 per cent of banking sector debt, was already under stress
April 9, 2021 -
Government’s fiscal deficit for April-January soars 66% to Rs 12.34 lakh crore
The government's total expenditure stood at Rs 25.17 lakh crore (73 per cent of RE) while total receipts were Rs 12.83 lakh crore (80.1 per cent of RE).
February 27, 2021 -
With off-budget borrowings, FY22 fiscal deficit rises to 6.9 pc, 10.2 pc for FY21: Report
This year, it has further reduced the EBR mobilised through National Small Saving Fund (NSSF) and fully serviced bonds to Rs 30,000 crore only from Rs 1.3 lakh crore in FY21.
February 2, 2021 -
India’s near-term fiscal deficit target higher than expected: Fitch
Fitch forecasts real GDP to rebound by 11 per cent in FY22 (2021-22) and grow around 6.6 per cent per annum through FY26.
February 2, 2021 -
Government pegs FY2021-22 fiscal deficit at 6.8%
Fiscal deficit is an indication of the government's borrowing to meet the shortfall between expenditure and receipts from taxes and other sources.
February 1, 2021 -
Key figures to be watched in Budget 2021-22
COVID-19 spending: India has started the world's largest COVID inoculation programme from January 16 and is using two vaccines Covishield and Covaxin.
February 1, 2021 -
Saturday Interview | ‘Fiscal deficit should not bother us’
The Managing Director of the Transport Corporation of India (TCI), Agarwal has possibly the distinction of being the first head of a logistics company and one of the youngest industry captains to be appointed as the president of a leading chamber of commerce in India.
January 30, 2021 -
Fiscal deficit of states to hit peak of Rs 8.7 lakh cr as tax collections slide
With this, the states' aggregate gross fiscal deficit (GFD) will not only get expanded to an all-time high of Rs 8.7 lakh crore, or 4.7 per cent of GSDP.
January 21, 2021 -
Fiscal deficit to be 7.5 pc of GDP during current fiscal: Experts
The finance minister in Budget 2020-21 had pegged the gross market borrowing, which is also a reflection of fiscal deficit, at Rs 7.80 lakh crore for the current fiscal.
January 9, 2021 -
States’ fiscal deficit to almost double in FY21, suggests RBI report
The RBI report gives a grim picture of states' finances, giving a downside rise going forward.
October 28, 2020 -
Consolidated Centre, state fiscal deficit may touch 13% of GDP: SBI Ecowrap
Credit to NBFCs, however, jumped in August after 3 successive months of decline.
October 1, 2020 -
Covid fallout: Fiscal deficit may rise to Rs 14.6L cr in FY21
Motilal Oswal had projected that India's headline inflation would remain at six per cent up to July'20, before easing to four per cent by December'20.
September 18, 2020 -
Moody’s Investors Service sees India’s economic growth at zero’ in FY21
Analysts across the board have been certain about the heavy economic toll that the pandemic will take on the country
May 8, 2020 -
Fiscal deficit as GDP percentage, touched 4.56% in Dec 2019, says FinMin data
The non-tax revenue accrued to the Centre was Rs 2.41 lakh crore whereas other receipts were pegged at Rs 31,000 crore.
February 21, 2020 -
Budget 2020-21: 3.8% fiscal deficit target looks ambitious, says SBI Research
The saving grace is the jump in non-tax revenue of around Rs 32,335 crore or 20 bps of fiscal deficit, possibly reflecting the AGR payments/interim dividend from RBI in lieu of telecom.
February 3, 2020