Page 31 - Latest Updates on Fiscal Deficit
Is fiscal deficit of 3.2% of GDP written in stone?
Deficit isn't necessarily a bad thing. Much depends on how public money is allocated and spent and what the macroeconomic situation is
 "Is fiscal deficit of 3.2% of GDP written in stone?")
Stimulus roadblock: Fiscal deficit at 96% of full-year target
For the same period last year, the fiscal deficit stood at 76.4 per cent of the full-year target
 "Stimulus roadblock: Fiscal deficit at 96% of full-year target")
April-August fiscal deficit reaches 96.1% of FY18 target
The deficit was 76.4% of the full-year target during the same period a year ago.
 "April-August fiscal deficit reaches 96.1% of FY18 target")
Amid economic slowdown, Modi govt sticks to FY18 borrowing target
Modi's top policy advisers have called for stepping up government spending
 "Amid economic slowdown, Modi govt sticks to FY18 borrowing target")
Relax fiscal deficit, cut interest rates to revive growth, says CII
There should be interventions for depreciation of the rupee-dollar exchange rate to boost, says CII
 "Relax fiscal deficit, cut interest rates to revive growth, says CII")
Relax fiscal deficit target to boost economy: CII
CII looks forward to quick growth in the GDP
 "Relax fiscal deficit target to boost economy: CII")
State finances are showing signs of increasing fiscal imbalance
Fiscal deficit aggregates fell from 1.93% in 2011-12 to 3.03% in 2015-16
 "State finances are showing signs of increasing fiscal imbalance")
Fiscal deficit presents a growth challenge
A wider fiscal deficit was mainly due to front-loading of expenditure
 "Fiscal deficit presents a growth challenge")
April-June fiscal deficit hits 82% of FY target
Revenue deficit exceeds target
 "April-June fiscal deficit hits 82% of FY target")
April-June fiscal deficit hits 81% of full-year target
The fiscal deficit was 61.1% of the full-year target during the same period a year ago
 "April-June fiscal deficit hits 81% of full-year target")
Govt meets FY17 fiscal deficit target
This was achieved in spite of a higher than budgeted capital expenditure for the year
 "Govt meets FY17 fiscal deficit target")
Govt meets 3.5% fiscal deficit target in FY17
Total expenditure of the govt in April was Rs 2.42 lakh crore, or 11.3% of the full-year estimate
 "Govt meets 3.5% fiscal deficit target in FY17")
Fiscal deficit for FY17 contained at 3.51% of GDP
Govt got Rs 11.02 lakh crore in net tax receipts during the fiscal year
 "Fiscal deficit for FY17 contained at 3.51% of GDP")
FRBM panel sets 2.5% fiscal deficit target by FY23
Panel has provided for 'escape clauses' for deviations in fiscal deficit up to 0.5%
 "FRBM panel sets 2.5% fiscal deficit target by FY23")
FRBM panel recommends 3% fiscal deficit target for FY18-FY20
It recommended fiscal deficit to be cut to 2.8% in 2020-21 fiscal and to 2.5% by FY23
Flatter to deceive
After a few good years, states slip on the fisc
The macro picture: Fiscal deficit target for year crossed by February-end
Total revenue receipt till February was Rs 10.94 lakh crore or 76.9% of the budget estimate
India's April-February fiscal deficit at 113.4% of full year target
Tax revenue during the period in question yielded Rs 8.85 lakh crore, or 81.3% of the estimates
 "India's April-February fiscal deficit at 113.4% of full year target")
Fiscal deficit worry for states
5 states that have presented their financial status till date indicate encouraging news in capex
 "Fiscal deficit worry for states")
Fiscal deficit overshoots full-year target
The government had budgeted a fiscal deficit of Rs 5,33,904 crore for the current financial year
 "Fiscal deficit overshoots full-year target")
