Budget 2024: Gross Fiscal Deficit Lowest Since FY21
On track to meet target of 5.1%
gross fiscal deficit
July 2024
February 2024
January 2023
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.
Budget 2024: Fiscal Deficit Continues To Fall Since FY21
Has been on a steady decline since the peak in Covid year
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.
