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Tag: Fiscal deficit

Govt’s fiscal deficit rises to 39.3% of annual target in first half of FY24

Posted on October 31, 2023 By admin
Govt’s fiscal deficit rises to 39.3% of annual target in first half of FY24

Central government’s fiscal deficit touched 39.3% of the full year target in the first half of the current financial year, slightly higher than 37.3% recorded in the year-ago period. In actual terms, the fiscal deficit or the gap between expenditure and revenue worked out at ₹7.02 lakh crore at the end of September 2023, showed…

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Explained | Is the government on track on fiscal deficit targets?

Posted on February 4, 2023 By admin
Explained | Is the government on track on fiscal deficit targets?

Union Finance Minister Nirmala Sitharaman with Minister of State for Finance Pankaj Chaudhary addresses a press conference in Mumbai on February 4, 2023. | Photo Credit: PTI The story so far: In the Union Budget for 2023-24, Finance Minister Nirmala Sitharaman chose the path of relative fiscal prudence and projected a decline in fiscal deficit…

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