What is government borrowing? How it impacts fiscal deficit?
In the current fiscal, the government has decided to stay with the borrowing programme as announced in the Budget 2019. This has cheered the markets and kept yields in check. In the Budget speech, the finance minister also announced borrowing from overseas market but later on dropped the plan owing to currency risks.
Fiscal deficit may widen to 3.7-4% of GDP: Ex-fin secy
He estimated that the real fiscal deficit would be around 4.5 per cent to 5 per cent o...
Budget 2020: Is it time for a more realistic disinvestment target?
India needs more realistic disinvestment targets so that the fiscal math i...
FY20 deficit likely to be 4.5-5% of GDP: Ex-Fin Secy
Former finance secretary Subhash Garg has said India's real fiscal deficit in FY20 is likely to be higher at 4.5-5% of GDP due to an expected shortfall in revenue, and higher spending.
How bad really is the fiscal situation?
At this point, it makes sense to bite the bullet. Govt can fret over deficit after growth has picked up.
Markets eye improved transparency in Budget: Report
The report noted that fiscal deficit in the first eight months of FY20, stood at 15 per cent above target.
Govt trying to address demand-side problem with supply-side measures: Madan Sabnavis, CARE Ratings
We really think the government will be able to stick to the fiscal deficit in 2021.
Budget 2020: Can government afford to miss its fiscal deficit target?
A number of experts have revised their fiscal deficit target for current fiscal. Fitch has raised the fiscal deficit target to 3.6 per cent for FY20. The data released by the Controller General of Accounts showed that the government had reached 115 per cent of the target for the full year in the first eight months of the current fiscal.
Budget 2020: Types of deficits & how they are calculated
A revenue deficit indicates that the government doesn't have sufficient revenue for the normal functioning of the government departments. In other words when the government starts spending more than it earns it results in Revenue Deficit.
Tata Asset spots an opportunity in fiscal squeeze
“A large part of India’s value stocks are state-owned enterprises,“ said Rahul Singh.
RBI should act as lender of last resort, provide liquidity to NBFCs: SBI
In its report on Budget expectations, the economists said RBI should "seriously think" of providing liquidity to NBFCs against the assets held by the lenders. "Given the crisis of confidence in the financial markets, it is imperative that central banks don't forget their primary function of being the lender of the last resort," they said.
Not for fiscal tightening, says Abhijit Banerjee
Ahead of the budget, Nobel laureate Abhijit Banerjee Saturday said he would not support “fiscal tightening right now”. “Fiscal deficit has been breached by a huge margin already."
India plans to cut spending to curb deficit; may hurt growth
A revenue shortfall of about Rs 2.5 lakh crore has left the government no choice but to cut spending.
What is fiscal glide path?
As calls get shriller for the government to loosen its purse strings and ignore its fiscal glide path at a time when slowing growth has taken centre stage, ET explains what the fiscal glide path actually means.
Fiscal deficit hits 115% of Budget Estimate till Nov
The fiscal deficit or the gap between expenditure and revenue was at Rs 8,07,834 crore as on November 30, 2019.
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