Gross fiscal deficit has peaked to 9.18% of GDP in FY21 due to covid led lockdown. It reduced to 6.72% in FY22 due to economic recovery after the lockdown, but still remained higher than anything in the past decade. Gross Fiscal Deficit is expected to be 4.4% in FY23.
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Budget 2023: India's Gross Fiscal Deficit Challenge
It reduced to 6.72% in FY22 due to economic recovery after the lockdown, but still remained higher than anything in the past decade.
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On A Weak Charge
A significant drop in lithium prices will lead to reduced costs for electric vehicle manufacturers and lower expenses for producers of green technologies.
It’s Still Heavy Lifting By The Exchequer!
The investment rate, or the proportion of GFCF in GDP, leaped to 32.4% in the December quarter, up from 31.8% in the same quarter the previous year.
What Employers Do To Stay On Top
IT companies and banks feature among largest employers in the country. Here’s the lowdown on what India Inc.’s big boys are doing to keep employees engaged.
Future-Ready Workplaces
India’s Future-ready Workplaces — an annual study by Fortune India and CIEL HR.
Infographics
On A Weak Charge
A significant drop in lithium prices will lead to reduced costs for electric vehicle manufacturers and lower expenses for producers of green technologies.
It’s Still Heavy Lifting By The Exchequer!
The investment rate, or the proportion of GFCF in GDP, leaped to 32.4% in the December quarter, up from 31.8% in the same quarter the previous year.
What Employers Do To Stay On Top
IT companies and banks feature among largest employers in the country. Here’s the lowdown on what India Inc.’s big boys are doing to keep employees engaged.
Future-Ready Workplaces
India’s Future-ready Workplaces — an annual study by Fortune India and CIEL HR.
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