India to display healthy growth despite global challenges: RBI dy gov
Amid uncertainties over past 3 years, Indian economy, financial system has shown "remarkable resilience”, says M. Rajeshwar Rao
fiscal deficit
April 2023
March 2023
February 2023
January 2023
FY22 gross capital formation jumps highest since FY06: Report
The Centre has revised both yearly and quarterly past growth numbers. The real economic growth for FY20, FY21 and FY22 has been revised upwards by 20 bps, 77 bps, and 42 bps, respectively.
Apr-Jan fiscal deficit widens to ₹11.91 lakh cr; 67.8% of Budget estimates
As per India Ratings and Research, the government will be able to meet the fiscal deficit target set forth in the Budget 2022-23 on higher tax collections
Is Declining Debt Enough?
Government meets fiscal deficit target but falling GDP growth puts a question mark over finances.
The Big Picture: Capex Push, Fiscal Prudence
The Central government stuck to the fiscal consolidation roadmap while announcing one of the biggest hikes in capital expenditure and increase in social spending in Budget 2023.
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.
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.
