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India Fiscal deficit

31 Aug 2023

India's April-July Fiscal Deficit Rises To Rs 6.06 Lakh Crore

In July, the monthly fiscal deficit was Rs 1.54 lakh crore, while during the corresponding period of last year, the government recorded a fiscal surplus of Rs 11,040 crore.

03 Jul 2019

Going for growth, India set to borrow more: Economists

The median forecast in the series from the June 28-July 2 poll of over 45 economists showed the government will revise its fiscal deficit target up to 3.5% of gross domestic product (GDP) for the current fiscal year and 3.3% for 2020-21.

fiscal deficit target

08 Mar 2019

Govt will meet fiscal deficit target of 3.4 percent in FY'19: SC Garg

As per the interim Budget 2019-20, the government has pegged fiscal deficit target of 3.4 percent for the current fiscal year ending March 31.

Farm-loan waivers

22 Jan 2019

Farm-loan waivers to hit states fiscal deficit targets: Report

India Ratings expects the states' revenue account on aggregate to clock a deficit of 0.5 percent of GDP in FY20 due to a higher growth in revenue spends than revenue receipt.

31 Dec 2018

Don't need RBI's reserves to meet fiscal deficit: Arun Jaitley

India`s fiscal deficit for the eight months till November stood at Rs 7.17 lakh crore, which is 114.8 percent of the budgeted Rs 6.24 lakh crore.

India Fiscal deficit

28 Dec 2018

Fiscal deficit touches 115% of FY target during April- November

The fiscal deficit, or gap between expenditure and revenue, stood at Rs 7.16 lakh crore during April-November of the current financial year, reflecting deterioration in public finances.

India Fiscal deficit

25 Oct 2018

Fiscal deficit widens in H1 of FY19

The fiscal deficit target for 2018-19 is Rs 6.24 lakh crore.

India Fiscal deficit

13 Sep 2018

Govt determined to contain fiscal deficit at 3.3%

The government has targeted 3.3 percent fiscal deficit for the current financial year ending March 2019.

India Fiscal deficit

31 Jul 2018

India's April-June fiscal deficit at 68.7% of FY target

Net tax receipts in the first quarter of 2018/19 fiscal year that ends in March 2019 were 2.37 trillion rupees, government data showed.

India Fiscal deficit

29 Jun 2018

India's April-May fiscal deficit at 55.3% of full year's target

The data furnished by the Comptroller General of Accounts (CGA) showed that fiscal deficit during the like period of the previous fiscal had stood at 68.3 per cent.

02 Feb 2018

High govt debt burden constrains India's sovereign rating: Fitch

The 2018-19 Union Budget unveiled yesterday contains a number of policy measures with the potential to support economic demand and social well being.

India Fiscal deficit

30 Nov 2017

India's fiscal deficit reaches 96% of FY target in October

The deficit was 79.3 percent of the full-year target during the same period a year ago.

India Fiscal deficit

31 Oct 2017

India's half-year fiscal deficit crosses 91% of full year target

The data revealed that total expenditure during the April-September period was Rs 11.49 lakh crore, or at 53.5 per cent of the entire fiscal`s estimate.

India Fiscal deficit

29 Sep 2017

Fiscal deficit touches 96.1% of budget estimate at Aug-end

In the comparable period last fiscal, revenue receipts comprising taxes and other items were 28 per cent of the target.

29 Sep 2017

Sensex ends steady, but posts weekly loss

Both the Sensex and the Nifty suffered weekly losses for the third time this month, down 638.72 points, or 2 per cent, and 175.80 points, or 1.76 per cent, respectively.

India's economic growth

21 Sep 2017

Govt eyes extra $7.7 billion spending to halt economic slowdown: Sources

The official said that the economy was passing through a "transitory phase" after the government`s decision late last year to outlaw old high-value banknotes and after the launch of a nationwide goods and services tax in July.

26 Jan 2017

High govt debt limits room for quick deficit reduction: Moody's

Days ahead of the budget, Moody's on Thursday said its positive outlook on India reflects expectations of continued policy reforms reducing government debt even as it feels that the high debt level limits room to cut fiscal deficit quickly.

fiscal deficit target

20 May 2016

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

Government's fiscal deficit target for next fiscal could be changed to a 'range' and set at 3-3.5 percent of the GDP, rather than 3 percent, says a Bank of America Merrill Lynch (BofA-ML) report.

21 Feb 2016

'Government can opt for longer route to 3% fiscal deficit target'

India Fiscal deficit

05 Oct 2015

Tax collection to fall short of target: Finance Ministry

Finance Ministry shared concerns that revenue collection will fall short by Rs 50,000 crore, but sounded optimistic in meeting fiscal deficit target for 2015-16.

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