india fiscal deficit

India’s FY24 fiscal gap may be slightly better than revised estimates: Official

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New Delhi: The central government’s fiscal deficit, in absolute terms, could be slightly better than the revised estimates for FY24, on the back of better than expected revenue receipts, an official said. In the interim Budget in February, the government pegged its FY24 fiscal deficit at ₹17.35 lakh crore, against the budget estimate of ₹17.89 … Read more

View: Interim Budget balances fiscal discipline, welfare & growth

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This year’s interim budget has come on the back of a turbulent global economic environment marked by slowing global growth and rising volatility. Against this backdrop, Finance Minister Nirmala Sitharaman has very nicely balanced fiscal discipline, welfare necessities and inclusive economic growth. To everyone’s very pleasant surprise, the balance between economic growth and fiscal consolidation … Read more