Fiscal deficit Subject: Economy Section: Fiscal Policy High capital expenditure coupled with lower growth in tax collection widened fiscal deficit during the first three months (April-June) of fiscal year 2023-24 to a little over 25 per cent of the annual target of ₹17.87-lakh crore, data made public by the Controller General of Accounts […]
Fiscal Deficit Subject – Economy Context – Fiscal deficit touches 35% of annual budget target Concept – Fiscal Deficit The government describes fiscal deficit of India as “the excess of total disbursements from the Consolidated Fund of India, excluding repayment of the debt, over total receipts into the Fund (excluding the debt receipts) during a financial year”. The government […]
Fiscal Deficit Subject – Economy Context – Fiscal deficit touches 31.1% of FY target Concept – To know about Fiscal deficit, please click here. To know about other Budgetary Terms, please click here.
Fiscal Deficit Subject: Economy Context: The Finance Ministry on Friday reported a fiscal deficit of 18.2 per cent of the Budget Estimate (BE) for the April-June quarter, the lowest since 2010-11 Concept: The government describes fiscal deficit of India as “the excess of total disbursements from the Consolidated Fund of India, excluding repayment […]
FISCAL DEFICIT Subject : Economy Context : The aggregate fiscal deficit of States is likely to be at 4.3% of the gross domestic product (GDP) in 2021-22 compared with 4.6% in 2020-21, says a report by India Ratings and Research. Concept : Fiscal Deficit The government describes fiscal deficit of India as “the […]
FISCAL DEFICIT Subject : Economics Context : India’s fiscal deficit shot up to 135.1% of the Budget target of nearly ₹8 lakh crore for 2020-21, in the 8 months from April to November 2020, as per data released by the Controller General of Accounts. Concept : Fiscal Deficit The government describes fiscal deficit […]
Subject : Economics Context :The Union Government’s fiscal deficit further widened to ₹9.53 lakh crore, or close to 120% of the annual budget estimate, at the end of October of the current fiscal, according to official data released. Concept : The deficit widened mainly due to poor revenue realisation according to official sources. Fiscal Deficit […]
Subject: Economics Context: The fiscal deficit continued to soar in September to reach ₹9.1 lakh crore, or almost 115% of the budget target of ₹7.96 lakh crore for 2020-21, as per data from Controller General of Accounts. Concept: It is the gap between the government’s expenditure requirements and its receipts. This equals the money the […]