Govt unlikely to achieve 4.5% fiscal deficit target by FY26: Moody's
Budget 2023 is credit positive for renewable energy companies, cement and steel producers, oil marketing companies and automakers, says Moody's.
fiscal deficit
February 2023
January 2023
December 2022
Budget 2023 ‘sensitive’ to immediate concerns of economy: SBI chief
SBI Chairman Dinesh Khara says all other fiscal parameters show encouraging trends, ensuring fiscal policy has enough headroom to accommodate any future shock if warranted.
Govt to bring fiscal deficit below 4.5% of GDP by FY26: FM
The fiscal deficit for 2023-24 is estimated at 5.9% of the GDP, says Finance Minister Nirmala Sitharaman.
Economic Survey 2023: On track to achieve FY23 fiscal deficit target of 6.4% on revenue fillip
The Economic Survey says the government's prudent and calibrated fiscal response enabled stable public finances even amidst the present uncertainties.
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.
Budget 2023: FY24 challenging, balance between growth, strong fisc needed, says EY India
EY India has said FY24 could be a challenging year for the government with the likely fall in the nominal GDP, which will restrain the fiscal elbow room for the government.
India's fiscal deficit to be 6% of GDP in FY24: SBI
The net market borrowing of the Centre in FY24 will be around ₹11.7 lakh crore; a lower deflator could make things difficult, says SBI Research.
Govt on track to meet FY23 fiscal deficit target of 6.4%: India Ratings
The higher-than-budgeted nominal GDP would help in meeting the target for revenue and fiscal deficit at 3.8% and 6.4% of GDP, says India Ratings and Research.
Budget 2023: Revenue Challenges Preclude Meaningful Budget Tweaks
Unless government improves its tax revenue performance, and meets its disinvestment targets, there will be a shortfall.
Govt’s fiscal deficit widens to 58.9% of FY23 target
Govt recently told Parliament the fiscal deficit in H1 FY23 remained significantly lower than the moving average of the last five years on the back of tax buoyancy.
