Nominal economic growth is projected to be higher than estimated
Fiscal deficit has been pegged at Rs 5.33 lakh crore in 2016-17
In absolute terms, fiscal deficit touched the Rs 4.58 lakh crore mark during April-November 2016
Current account deficit has narrowed to 0.6% in Q2 from 1.1% in the same quarter last year
The per capita burden of Union Government inter-alia includes external debt, internal debt and other liabilities
For April-October last year, the fiscal deficit had stood at 74% of budgeted estimates
Hits 83.9% of annual Budget target; revenues from divestment, black money scheme, economic growth-induced tax buoyancy may give cushion in H2
Pay hikes, weak spectrum sales add pressure to curb spending
In August, capital expenditure rises after falling in the first 4 months
The fiscal situation in April-August showed deterioration over the corresponding period of the previous year
In the corresponding period of FY16, stood at 69.3% of BE for that year
Given the key role of states and PSUs in the economy, the panel that is reviewing FRBM Act must examine the broader public sector's finances, and not focus purely on the Centre's fiscal deficit
MTEF stated the Indian economy was showing 'bright' near-term prospects, and that macro-economic stability has improved
If combined, there is expected to be a huge reset in fiscal deficit targets
This indicates a greater frontloading of expenditure this time, plus below-par non-tax revenue receipts
The government estimates fiscal deficit in 2016-17 to be Rs 5.33 lakh crore or 3.5% of GDP
If global oil prices rise sharply, fuel excise duties will have to be cut, it warned
The April-June fiscal deficit was at Rs 3.26 lakh crore
Tax collections up 28% to Rs 3.24 lakh crore during April-June 2016