Page 33 - Latest Updates on Fiscal Deficit

April-May fiscal deficit at 43% of BE

In April, first month of this financial year, it was 25.7% of the year's budgeted amount, compared to 23% in the same month of 2015

April-May fiscal deficit at 43% of Budget estimates

The fiscal deficit situation during April-May of the last fiscal was 37.5% of the Budget estimates

Maharashtra remains the richest state: RBI report

Tamil Nadu's finances most stressed, with gross fiscal deficit estimated at Rs 31,830 crore

FY16 fiscal deficit target met

For FY17, the deficit target is 3.5 per cent of GDP

At Rs 1.37 lakh crore, April fiscal deficit crosses 25% mark

Revenue collection was Rs 22,075 crore, or 1.6% of the estimate

Fiscal prudence

Principles that should underlie FRBM redesign

UP fiscal deficit on rising trajectory

It has more than doubled under 4-year rule of Akhilesh govt

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

Govt on May 17 formed a committee to examine the feasibility of a fiscal deficit range instead of a fixed target

Govt sets up FRBM committee on fiscal deficit range

The committee, formed to examine the need and feasibility of having a 'fiscal deficit range', will be headed by N K Singh

Fiscal concerns cloud likely uptick in Capex

By increasing states' share in the divisible tax pool to 42%, the 14th Finance Commission has ushered in a monumental change in the country's fiscal architecture. States now have the flexibility to pr

FinMin to approach Cabinet for panel to fix deficit range

Finance Minister had in the 2016-17 Budget proposed to set up a committee to look into the possibility of fixing a range of fiscal deficit target

Fiscal deficit: Cabinet approves states' targets in line with 14th Finance Commission report

The report also suggested year-to-year flexibility for additional deficit of about 0.5%, plus or minus

Will meet revised FY16 fiscal targets: Govt

The ministry said tax revenues were on track and the 2015-16 revised targets were expected to be fully met

Fiscal deficit expected to be below 3.9%: Finance Ministry

As per fiscal consolidation roadmap, fiscal deficit for current fiscal has been pegged at 3.5% of GDP

Fiscal deficit at end-Feb exceeds revised estimate

March, final month of FY16, likely to make up as revenue swells

State govts likely to run wider fiscal deficit in FY17: HSBC

According to the financial services firm, the state deficit could rise to 2.9% of GDP in FY17

How the govt plans to meet the fiscal deficit target

The finance ministry plans to retire about Rs 30,000 crore of government debt ahead of schedule to take advantage of the current market conditions

Govt sticking to fiscal deficit target a big relief: Economists

Changing fiscal architecture at state level

Increase in untied funds creates space for adjusting expenditure allocations

Phased pension hike likely to meet fiscal deficit target

Officials grappling with a combination of measures to provide spending buffer