Fiscal Deficit
Latest news, explainers and analysis on Fiscal Deficit. Tracking 5 stories on Arth Vani.
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Latest on Fiscal Deficit
Bangladesh Govt to Borrow Extra ₹260 Crore from Banks
The Bangladesh government plans to borrow an additional Tk300 billion (approximately ₹260 crore) from its banking sector in the second quarter (April-June) of the current fiscal year. This move aims to manage the government's budget deficit and fund its expenditures.
BreakingIndia's Fiscal Gap Widens to ₹7.1 Lakh Crore by August on Higher Spending
India's fiscal deficit, the gap between government income and expenditure, reached ₹7.1 lakh crore between April and August of the current financial year. This increase is primarily attributed to higher government spending on crucial capital projects and various subsidies.
BreakingCentral Government to Borrow ₹7.9 Lakh Crore in Second Half FY24
The Indian central government plans to borrow nearly ₹7.9 lakh crore between October 2023 and March 2024 to fund its expenditures and manage the fiscal deficit. This significant borrowing program is executed through the issuance of government securities (G-secs), which influences bond markets and broader interest rates.
Centre's Fiscal Deficit Hits 26.8% of Target in April-July FY27
India's central government reported its fiscal deficit for April-July FY27 reached 26.8 percent of the full-year budget estimate, a slight improvement over the previous year. This performance was driven by faster growth in total receipts compared to expenditure, indicating stable fiscal management. Capital expenditure also saw a significant surge during this period.
States' Fiscal Deficit to Shrink to 3.4% by FY27 on Better Tax Revenue: ICICI Bank
States' fiscal deficit is projected to decrease to 3.4% of their Gross State Domestic Product (GSDP) by the fiscal year 2027. This improvement is largely driven by anticipated stronger tax collections and overall better revenue performance, according to a report by ICICI Bank.
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