what is fiscal deficit

Economy & Tech

Government’s fiscal deficit at the end of November reported 9.06 lakh crore, or 50.7% of the full-year budget target

By honey December 30, 2023 No Comments

According to figures issued by the Controller General of Accounts (CGA) on Friday, December 29, the government’s fiscal deficit at the end of November was…

View More Government’s fiscal deficit at the end of November reported 9.06 lakh crore, or 50.7% of the full-year budget target
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States’ expected high levels of debt 31-32% of GDP in the upcoming fiscal year: Know the reasons

By honey December 1, 2023 No Comments

According to a report, states’ debt is expected to remain high this fiscal year, accounting for 31-32% of GDP due to increased capital expenditures and…

View More States’ expected high levels of debt 31-32% of GDP in the upcoming fiscal year: Know the reasons
India's budget deficit reached 36% of the full-year target
Economy & Tech

India’s budget deficit reached 36% of the full-year target

By honey September 30, 2023 No Comments

In the initial five months of 2023–24, India’s budget deficit reached 36% of the full-year target, according to figures released by the central government on Friday…

View More India’s budget deficit reached 36% of the full-year target
The Centre intends to reduce its fiscal deficit from 6.4% of GDP in 2022-23 to 5.9% of GDP in 2023-24.
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The Centre’s fiscal deficit rose to 25.3% of the full-year target due to rising capital expenditures and flat tax receipts

By honey August 2, 2023 No Comments

As capital expenditures surged and tax revenue remained flat between April and June of 2023, the Centre’s fiscal deficit grew to 25.3% of the full-year target.…

View More The Centre’s fiscal deficit rose to 25.3% of the full-year target due to rising capital expenditures and flat tax receipts