Revenue Deficit

Apr 08, 2016 at 07:52 | Source: PTI
The CAG in its report of State of Finances for year ending on March 31, 2015, presented in the state assembly, noted that the revenue and fiscal deficit which stood at Rs 1641 crore and Rs 4011 crore in 2013-14 increased to Rs 1944 crore and Rs 4200 crore respectively in 2014-15.
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.
Mar 18, 2016 at 19:28 | Source: PTI
The budget, which has an outlay of Rs 25,000 crore for the agriculture sector, is "dedicated to our farmers and a decision has been taken to observe the financial year 2016-17 as Shetakari Swabhiman Varsh (farmers pride year)," the minister said.
Mar 01, 2016 at 18:57 | Source: PTI
The agency said a rate cut may come as early as the next policy meeting, following the government achieving the FY16 fiscal deficit target of 3.9 percent. Another agency Icra said a "final rate cut" of 0.25 percent can come in 2016, provided the monsoons are normal
Feb 29, 2016 at 17:43 | Source: CNBC-TV18
Revenue Secretary Hasmukh Adhia also says the Finance Bill will lay retrospective tax resolution process into a law
Feb 29, 2016 at 09:18 | Source: CNBC-TV18
The fiscal deficit target for FY17 is likely to be 3.7% and the nominal gross domestic product (GDP) growth to be around 11 percent, says Chetan Ahya of Morgan Stanley.
Feb 25, 2016 at 16:04 | Source: PTI
"There is a possibility of government making a windfall gain in its non-tax revenue account in case the spectrum sale takes place in FY17. This may help the government to adhere to 3.5 percent fiscal deficit target of FY17, despite the burden of implementing seventh central pay commission award," it said in a note.
Feb 25, 2016 at 08:00 | Source: PTI
"So far an amount of Rs 32,657 crore as devolution of taxes, and Rs 11,433 crore as 14th Finance Commission grants have been released to eight north-eastern states," Finance Ministry said in a statement.
Feb 23, 2016 at 16:01 | Source: CNBC-TV18
The Prime Minister has received recommendations to stop setting annual fiscal deficit target and rather amend the Fiscal Responsibility and Budget Management (FRBM), says CNBC-TV18s Nayantara Rai, quoting sources.
Feb 18, 2016 at 14:43 | Source: Moneycontrol.com
This is unlikely to be repeated, particularly since tax revenue from the oil sector is now fairly static to oil price changes due to the specific nature of the taxes. Deflation also derailed the disinvestment program, as most PSUs shorlisted were from the commodity and infra sectors, affected by deflation.
Messages on Revenue Deficit »

R Jagannathan

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Budget  

that complement the fiscal efforts to reduce inflation. We do not see the RBI and the finance ministry as antagonists in the fight against inflation. We also plan to shift our macroeconomic targeting to getting the revenue deficit to zero by the end of the NDA government`s term in 2018-19 - which means a cut

11.22 AM Jul 8th 2014

R Jagannathan

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Economy  

changes in the fiscal roadmap as soon as he became finance minister in UPA-1 in 2004, and again changed it when he presented the last budget of UPA-1 in 2008, when he had to finance all his election-eve giveaways. This is what he said in his 2008-09 budget speech: "In the case of revenue deficit, I

6.53 PM Jun 3rd 2014

R Jagannathan

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Politics  

or revenue deficit, he referred to more fundamental deficits: the governance deficit, the democratic deficit, the trust deficit, the moral deficit, the ease-of-doing-business deficit, and the safety and security deficit – among other deficits. He made his usual political point when he called the last 10

1.31 PM Feb 28th 2014

Epic Research

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expenditures. The difference between revenue receipts and revenue expenditure is usually negative. This means that the government spends more than it earns. This difference is called the revenue deficit.

6.27 PM Feb 18th 2014

jakharmata

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Economy  

Being an Interim Budget , new Govt will have to formulate afresh. However present FM has always proved himself by achieving both fiscal and revenue deficits .

4.29 PM Feb 18th 2014

R Jagannathan

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Budget  

the fiscal deficit, the real worrisome deficit – the revenue deficit – is unchanged in 2013-14 at 3.3 percent of GDP, and comes down only to 3 percent in 2014-15. So while Chidambaram expects the fiscal deficit to fall 0.5 percent from 4.6 percent to 4.1 percent, revenue deficit falls only 0.3 percent

2.58 PM Feb 17th 2014

R Jagannathan

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, but it is unreal, since it involves rolling over Rs 35,000 crore of fuel subsidies to the next year. And there could be more such accounting surprises once we read the fineprint. Second, real fiscal correction is far, far away, as the revenue deficit is still at 3.3 percent - same as in last year`s budget. Next

1.30 PM Feb 17th 2014

R Jagannathan

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Budget  

models. Chidambaram’s red line is thus an effort to confuse you into believing that he is a stickler for prudence when it suggests no such thing. In fact, if at all any number ought to be given greater sanctity in the budget he will present later today, it is the revenue deficit – which measures

1.10 PM Feb 17th 2014

R Jagannathan

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Economy  

on its core revenue deficit. Now it won’t. By chickening out, Rajan has flunked his test. He is making the same mistake made by his predecessor D Subbarao – giving the government too much of the benefit of doubt. He has eroded his own credibility as an inflation fighter.

11.33 AM Dec 19th 2013

Politics  

DUE TO SAID FOOD BILL REVENUE DEFICIT WILL INCREASED & SAID BURDEN WILL BE PASSED ON TO MIDDLE CLASS INCOME GROUP .THE SAID DECISION OF CONGRESS GOVT IS ELECTION BASE,HOWEVER CONG(I) WILL LOSS VOTES OF MIDDLE CLASS FAMILY.

2.11 PM Sep 3rd 2013

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