Budget 2024: A Visionary Blueprint
With the wind blowing in the right direction for India, its projected GDP growth of around 6.5-7% for the current fiscal year bodes well amidst a global slowdown.
fiscal deficit
July 2024
June 2024
April 2024
March 2024
February 2024
Budget 2024: FM slashes fiscal deficit target to 4.9% for FY25
"We aim to reach a deficit below 4.5 per cent next year," says Finance Minister Nirmala Sitharaman
Fiscal deficit to drop to 4.5% of GDP or 'lower' by FY26: Economic Survey 2024
The Survey says against the global trend of widening fiscal deficit and increasing debt burden, India has remained "on the course" of fiscal consolidation
Budget 2024-25 to make ‘statement’ about Modi 3.0's 2047 policy: Goldman Sachs
International financial major expects the Modi govt to stick to the announced fiscal deficit target of 5.1% for FY25, or even slightly lower
Need new consolidation path to contain fiscal deficit by 2029: Subhash Garg
There is a need to go back to the FRBM and retain the fiscal deficit to 3% of GDP as the target of 4.5% is not good enough.
Fiscal deficit in April-May narrows to 3% of FY25 target
Combined core industries index up 6.3% in May 2024 as production of electricity, coal, steel, natural gas and refinery products recorded positive growth
Household finances in distress — worsening
After household (net) financial savings dipped to 47-year low of 5.3% of GDP in FY23, household debt has risen sharply to 40% of GDP in Q3 of FY24
Black And White Economy Paper War Misses Shades Of Grey
NDA government and Congress report cards on economy skip uncomfortable truths. Both are aimed at scoring points ahead of general elections.
RBI firm on taming inflation under 4%: Shaktikanta Das
The Indian economy continues to sustain the momentum achieved in the first half of 2023-24, going by high-frequency indicators, write RBI economists
'Fiscal deficit makes no difference to voters, but it shows our commitment to prudence'
Nirmala Sitharaman in an interview with OPEN Magazine's Rajeev Deshpande and PR Ramesh talks about welfare and growth
