Page-5 of fiscal deficit Current Affairs, GK & News

Fiscal Deficit for April-December

The data shows that the fiscal deficit touched 112.4 per cent of the full-year budget target of Rs 6.24 lakh crore at the end of December. The important data highlights related to the fiscal deficit are: The gap between Government’s expenditure and revenue stood at Rs 7.01 lakh crore during April-December of the current financial ..

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Fiscal Deficit: Interim Budget 2019

The present government headed by Prime Minister Narendra Modi presented an uncompromising stance on fiscal deficit in the beginning. In its first budget, the government had stated that “we cannot go on spending today which would be financed by taxation at a future date”. The government emphasised on “inter-generational equity” and not leaving behind “a ..

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India Ratings report on state’s finances: Key Facts

A Fitch Group company, India Ratings has released its report on states finances. The important findings of the report are: Loan waiver and other support measures for farmers are expected to raise the aggregate fiscal deficit of states to 3.2 per cent in 2018-19. Further, the fiscal deficit would increase by 40 basis points (100 ..

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The Impact of Crude Price Shock on CAD, Inflation and Fiscal Deficit

The RBI has released a paper titled ‘The Impact of Crude Price Shock on CAD, Inflation and Fiscal Deficit’. The paper outlines how the crude price shock will have an adverse impact on current account deficit (CAD), Inflation and Fiscal Deficit. Highlights of the Research Paper Since India is heavily dependent on oil imports for ..

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India's Fiscal Deficit Hits Around 115% of FY19 Target

India’s fiscal deficit in the first eight months of FY2018-19 rose to Rs 7.17 lakh crore, hitting around 115% of the budgeted target for the current financial year, breaching the target of Rs 6.24 lakh crore set by the government for the financial year 2018-19. Fiscal Deficit Fiscal Deficit is the difference between total revenue ..

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