Fiscal Deficit Budget 2010

Budget 2016: To favour growth or meet fiscal deficit targets, FM puzzled 

Feb 06, 2016 at 15:33 | Source:CNBC-TV18

Experts are divided on how the Finance Minister should proceed. Reserve Bank governor Raghuram Rajan, for instance, maintains that fiscal consolidation should be the government's priority.

Government confident of meeting FY16 fiscal deficit target: Srcs 

Feb 06, 2016 at 13:16 | Source:CNBC-TV18

Sources tell CNBC-TV18, that the total revenue shortfall is likely to be below Rs 10,000 crore, despite corporate tax and disinvestment receipts expected to miss budget estimates by a wide margin.

IMF asks Sri Lanka to reduce budget deficit, improve funds 

Feb 06, 2016 at 12:52 | Source:PTI

"While Sri Lanka's public debt has risen to over 74 percent of GDP by 2015-end; capital outflows have intensified and the overall balance of payments has deteriorated," the IMF said at the conclusion of its annual review for which a team of its officials visited the country from February 1 to 5.

Budget to provide Rs 1.10 lakh cr for Pay panel, OROP 

Feb 05, 2016 at 20:21 | Source:PTI

Addressing the Consultative Committee attached to the Finance Ministry, Arun Jaitley also said that India has potential to grow at a much faster pace even as he exuded confidence that fiscal deficit target for current financial year will be within target

Don't see RBI rate cut or change in dovish tone: Economist 

Feb 01, 2016 at 12:59 | Source:CNBC-TV18

In an interview with CNBC-TV18, Indranil Pan, Chief Economist, IDFC, outlined his expectations from the Reserve Bank of India's bi-monthly monetary policy, which will be hosted tomorrow.

Rajan warns against fiscal deficit driven growth 

Jan 29, 2016 at 20:55 | Source:PTI

Ahead of the Budget, RBI GovernorRaghuram Rajan today warned against generating economic growththrough additional debt saying that any deviation from thefiscal consolidation path will hurt stability of the economy.

Fiscal math on mend, deficit at 88% of BE in Apr-Dec 

Jan 29, 2016 at 14:04 | Source:PTI

In value terms, the April-December fiscal deficit stood at Rs 4.88 lakh crore, or 88 percent, of 2015-16 Budget estimates (BE). This is an improvement over the year-ago period as the deficit then stood at 100.2 percent of the 2014-15 BE.

Budget 2016: A toss between lower fiscal deficit and growth 

Jan 25, 2016 at 09:58 |

The upcoming Budget, which will be presented on February 29, will see Finance Minister Arun Jaitley trying to balance pressures from the Pay Commission report, and his promise to lower corporate tax and raise capex

Small deficit slippage not to impact India's profile: Moody's 

Jan 24, 2016 at 13:55 | Source:PTI

Moody's has said India's credit profile will be unaffected by a small slippage in fiscal deficit target as it expects the government to continue fiscal consolidation and target lower deficits every year despite headwinds from global slowdown.

Govt may further hike excise on petrol, diesel before Budget 

Jan 22, 2016 at 15:42 | Source:PTI

"Falling crude oil price provide us a headroom for increasing excise duty on petrol and diesel. It will help in meeting fiscal deficit target of 3.9 percent for the current fiscal," said an official source.

Panagariya opposes 'tinkering' with fiscal deficit targets 

Jan 19, 2016 at 14:52 | Source:Reuters

As part of that strategy, the deficit target for the year to March 31 was set at 3.9 percent of GDP, and for 2016/17 to 3.5 percent.

Will stick to fiscal consolidation roadmap in Budget: FinMin 

Jan 15, 2016 at 13:58 | Source:PTI

As a result of sound prudent policies formulated during 2015-16, the fiscal deficit at the end of November is Rs 4.83 lakh crore or 87 percent of the Budget Estimate for this fiscal.

'Govt may trim FY17 divestment target to realistic levels' 

Jan 14, 2016 at 20:42 | Source:Reuters

People familiar with the matter say New Delhi is now setting more "realistic" targets for the fiscal year ending March 2017 having raised less then one fifth of the Rs 68500 crore (USD 10.2 billion) it had projected in 2015/16, the sixth straight year it will have missed the target

Budget 2016: Exempted items in excise list may get shorter 

Dec 22, 2015 at 10:46 |

The government may bring down the number of exempted items to around 90 goods from current 300, which is closer to the number of items exempted by the state value added tax

Deficit Dilemma: FY17 deficit target to be met? 

Dec 18, 2015 at 22:03 | Source:CNBC-TV18

Finance Ministry Sources Says its a bit early to say if fiscal roadmap will be relaxed in the coming Budget.

Will meet 3.9% fiscal deficit target: Jayant Sinha 

Dec 18, 2015 at 14:40 | Source:PTI

In the mid-year analysis tabled in Parliament, the government lowered the economic growth forecast for 2015-16 to 7-7.5 percent from 8.1-8.5 percent projected in February. It said slower-than-anticipated nominal GDP growth (8.2 percent versus budget estimate of 11.5) will itself raise the deficit target by 0.2 percent of GDP.

Govt hopes to follow 2015/16 budgeted fiscal gap target:FM 

Dec 15, 2015 at 18:54 | Source:Reuters

Jaitley has pledged to narrow the deficit to 3.9 percent of GDP in this fiscal year from 4.0 percent in 2014/15.

Govt considers relaxing state FRBM limit for UDAY: Srcs 

Dec 08, 2015 at 17:20 | Source:CNBC-TV18

CNBC-TV18 learns that individual state governments may be allowed to exceed their fiscal deficit target on a case-by-case basis to implement the scheme meant for reviving the ailing discoms.

Pay hike: Experts warn on deficit; govt confident of target 

Nov 20, 2015 at 20:31 | Source:PTI

Minister of State for Finance Jayant Sinha said he was confident that the government will stick to fiscal consolidation laid out in the Budget.

Pay Commission recos not to impact govt finances: Sinha 

Nov 20, 2015 at 20:07 | Source:PTI

The 7th Pay Commission yesterday recommended increase in remuneration of about one crore government employees and pensioners which is estimated to impose an additional burden of Rs 1.02 lakh crore in 2016-17.

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