Fiscal Deficit Budget 2010

April-Oct fiscal deficit reaches 79.3% of full-year target 

Nov 30, 2016 at 15:57 |

The fiscal deficit for the April-October period widened marginally to Rs 4.2 lakh crore against Rs 4.1 lakh crore on a year on year basis.

Trump's big agenda could put GOP's budget goals out of reach 

Nov 23, 2016 at 08:22 | Source:PTI

That's a recipe for bigger deficits that fiscally minded conservative Republicans have railed against during President Barack Obama's tenure.

Fiscal deficit hits 83.9% of Budget estimate in first half 

Nov 01, 2016 at 08:08 | Source:PTI

The fiscal situation in April-September deteriorated over the year ago as the deficit then stood at 68.1 percent of the Budget estimate of 2015-16.

India's Apr-Jul fiscal deficit at Rs 3.93 lakh cr 

Aug 31, 2016 at 17:12 | Source:PTI

Fiscal deficit, which is the gap between expenditure and revenue for the entire current fiscal, has been pegged at Rs 5.33 lakh crore or 3.5 percent of GDP.

Finance Secy confident of maintaining fiscal deficit target 

Aug 04, 2016 at 12:00 | Source:CNBC-TV18

"We have done our all our calculations, and spent only where it was necessary social welfare programmes like MNREGA and crop insurance schemes; we are confident of maintaining the fiscal deficit target with these additionalities in expenditure," says Finance Secretary, Ashok Lavasa.

Japan to miss FY2018 deficit-cutting target on tax hike delay 

Jul 22, 2016 at 08:24 | Source:Reuters

The Cabinet Office now forecasts the primary budget deficit will be 1.9 percent of gross domestic product in fiscal 2018 from 1.7 percent it projected in January, NHK said.

India on target to see 3.5% fiscal deficit in FY17: Ashok Lavasa 

May 31, 2016 at 19:55 | Source:CNBC-TV18

Financial Secretary Ashok Lavasa says planned expenditure budgeted by the government has been fully met with spending focussed on social and economic sectors.

FRBM review panel chief says will also look at state finances 

May 30, 2016 at 11:33 | Source:CNBC-TV18

The panel appointed by the central government to review the 12-year-old Fiscal Responsibility and Budget Management (FRBM) Act will likely go into the subject of central as well as state finances, its Chairman NK Singh says.

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

May 20, 2016 at 14:52 | Source:PTI

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

States to borrow more, miss fiscal targets by 50 bps: Nomura 

Apr 18, 2016 at 08:00 | Source:PTI

According to the study by Japanese brokerage Nomura, which was based on the 2016-17 Budgets of 16 states, this comes on top the sharp 22 percent rise in borrowings in the previous fiscal despite an increase in central transfers.

FinMin to approach Cabinet for panel to fix deficit range 

Apr 12, 2016 at 08:08 | Source:PTI

"The first step was that in any fiscal management, we have to keep state governments on board... The DEA will be moving a note. We will also be giving our inputs. We will see how the committee if formed... It will eventually go to Cabinet," Finance Secretary Ratan Watal told reporters here.

Central funds transfer to states declined 0.3% in FY16: RBI 

Apr 08, 2016 at 08:50 | Source:PTI

Referring to the Goods and Services Tax (GST), the report said that despite several reform measures, goods and services continue to be bogged down with several indirect taxes at different stages of the value chain with significant tax cascading.

Power reforms likely to pressure states' budgets: RBI 

Apr 07, 2016 at 18:37 | Source:Reuters

India's power reforms are likely to put pressure on state governments' budgets, potentially forcing them to cut spending needed to support economic growth, the Reserve Bank of India (RBI) said in a report on Thursday.

Andhra fails to achieve fiscal reform target in FY15, says CAG 

Mar 30, 2016 at 15:26 | Source:PTI

The overall revenue deficit during 2014-15 fiscal stood at Rs 24,194 crore including the period from April 1 to June 1, 2014 when the state remained united, the CAG said in an audit report on state finances for the year ended March 31, 2015.

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

Mar 28, 2016 at 15:44 | Source:PTI

According to the global financial services firm, despite higher transfers from the centre, an analysis of 18 state Budget documents suggests that the state governments on aggregate clocked slightly wider deficits than budgeted at the start of the year.

Odisha to amend FRBM Act to create fiscal space 

Mar 14, 2016 at 21:48 | Source:PTI

The amendment is being made as per the flexibility provided by the 14th Finance Commission in its Fiscal Consolidation Roadmap to set the fiscal deficit targets and annual borrowing, Chief Secretary A P Padhi said.

Telangana presents tax-free Budget 

Mar 14, 2016 at 16:30 | Source:PTI

Telangana government today presented a tax-free budget for 2016-17, proposing a total expenditure of Rs 1,30,415.87 crore.

Falling food prices seen easing retail inflation in February 

Mar 14, 2016 at 08:52 | Source:Reuters

Analysts say Raghuram Rajan, Governor of the Reserve Bank of India, could soften monetary stance after Finance Minister Arun Jaitley stuck to a fiscal deficit target of 3.5 percent of GDP for next fiscal year in his third Budget last month.

Rural push in Budget 2016 is just sound and fury: Chidambaram 

Mar 11, 2016 at 21:53 | Source:CNBC-TV18

Arun Jaitley may be getting pats on the back for sticking to stiff fiscal deficit targets, but former finance minister P Chidambaram is not impressed. It's not just the fiscal math that Chidambaram has a problem with, he says the big rural thrust sketched out in Budget 2016 is full of sound and fury, signifying nothing.

FinMin, RBI to meet on March 18 to decide FY17 borrowing 

Mar 11, 2016 at 14:46 | Source:PTI

In the Budget, the government has pegged gross market borrowing at Rs 6 lakh crore, up from Rs 5.8 lakh crore in the ongoing fiscal. Gross borrowing includes repayments of past loans and interests.

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