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India Fiscal Deficit
Centre's FY22 fiscal deficit may be better at 6.6% on stronger-than-expected tax buoyancy: Fitch
Mon, Nov 22, 2021
The Centre could better its fiscal deficit at 6.6 per cent of GDP in this financial year on stronger-than-expected revenue buoyancy, even if the budgeted disinvestment target is not met, Fitch Ratings has said.
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India's fiscal deficit reaches 91.3% of full-year target in September
Tue, Oct 31, 2017
India reported fiscal deficit of 4.99 trillion rupees ($77.09 billion) for April-September or 91.3% of the budgeted target for the current fiscal year that ends in March 2018. The deficit was 83.9% of the full-year target during the same period a year ago.
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Debt continues to be key constraint for India, Moody's says
Thu, Jun 01, 2017
Moody's said, "India (Baa3 positive) is implementing a number of wide-ranging reforms and measures that, if effective, will broaden the tax base and anchor fiscal consolidation. Under such outcomes, the government's debt burden, a key constraint on India's credit profile, would ease gradually."
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Limited room to reduce fiscal deficit to 3% in FY18: Moody's
Mon, Jan 16, 2017
The government is likely to achieve its fiscal deficit target of 3.5% of GDP in the current fiscal but higher infrastructure spending will limit the room to reduce it further to 3% in 2017-18, Moody's said on Monday.
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India's fiscal deficit crossed 85.8% of the budget estimates in November
Fri, Dec 30, 2016
In the month of November 2016, the fiscal deficit reached at Rs 34,489 crore compared to Rs 72277 crore in the similar month of the previous year, as per data published by Controller General of Accounts.
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India's fiscal deficit reaches 79% of Budget Estimates in October
Wed, Nov 30, 2016
Data published by Controller General of Accounts showed that fiscal deficit in October was negative Rs 24,481 crore, compared to Rs 32683 crore a year ago same month. Year-to-date, the fiscal deficit stood at Rs 4,23,507 crore, a rise of 2.81% from Rs 4,11,246 crore in the corresponding period of the previous year.
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