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government borrowings News
How will RBI read the upcoming Budget?
Tue, Jan 23, 2018
Finance Ministry remains firm on its borrowing and fiscal deficit targets for this financial year.
India's fiscal deficit overshoots budget estimate by 112% till Nov
Fri, Dec 29, 2017
Fiscal deficit occurs when a government's total expenditure exceeds the revenue that it generates, excluding money from borrowings.
Can the government ‘substantially cut’ expenditure to meet fiscal deficit target?
Mon, Oct 23, 2017
SBI said the fiscal deficit of 3.2% in FY18 does not seem difficult to meet. However government will have to reduce expenditure drastically.
RBI outlines ill-effects of an economic stimulus
Thu, Oct 05, 2017
Government had budgeted gross market borrowings of Rs 5.8 lakh crore ($88.57 billion) for FY18. Of this, 3.72 trillion rupees was raised in the first half of the year.