
Finance Minister Nirmala Sitharaman pegged fiscal deficit target for FY26 at 4.4 per cent.
India’s fiscal deficit for the first nine months of the current fiscal year stood at Rs 9.14 lakh crore.
Economists said that supporting growth and adhering to fiscal consolidation commitment will be the guiding principle for Budget 2025.
The Budget will unfold against the backdrop of subdued economic momentum, a weakening rupee, and heightened global geopolitical uncertainties, particularly…
The finance ministry has said that in the upcoming Budget for FY26, the Centre may peg a fiscal deficit of…
In October 2024, the Centre’s capex fell by about 8% on-year, underscoring the struggle to accelerate the pace due to…
India’s fiscal deficit for April-October was Rs 7.51 lakh crore, or 46.5 per cent of the estimate for the year…
Total expenditure growth fell by 0.4 per cent YoY in H1FY25 versus 16.2 per cent growth in H1FY24 as Central…
Expenditure growth was modest as capex continued to decline while revenue expenditure growth broadly remained close to budget growth estimated.
In absolute terms, the fiscal deficit was at Rs 4,74,520 crore at September-end, according to data released by the Controller…
The government’s capex fell by 19.5% to Rs 3 lakh crore in April-August of FY25, partly due to a slowdown…
Even as the economic growth momentum looks strong in an otherwise gloomy global outlook, Tanvee Gupta Jain, Chief India Economist,…
The H2 borrowing will be conducted through bonds with maturities of three, five, seven, 10, 15, 30, 40 and 50…
Prolonging of fiscal freebies is a tacit acceptance and an indication that all is not well on the growth front.
The trends of fiscal consolidation and realistic budget in the states has become a passe, with many state budgets showing…
To understand this year’s budgetary choices and trade-offs it’s first important to appreciate the global and domestic context.
Persistently large fiscal and revenue deficits threaten the macro-economy by raising interest burdens, crowding out productive expenditures, increasing borrowing costs,…
During 2020-21, the fiscal deficit surged to 9.3% of GDP, reflecting unprecedented spending on health and economic relief measures amidst…