Tag: expenditure
capex: Finmin relaxes norms for expenditure exceeding Rs 500 cr to give boost to capex
The finance ministry has relaxed norms for expenditure exceeding Rs 500 crore to accelerate capex (capital expenditure) that is pegged at Rs 11.11 lakh crore…
Centre’s fiscal deficit narrows to 17.2% of FY25 target till July
The central government’s fiscal deficit in the first four months of this financial year hit 17.2% of the annual target, against 33.9% a year before,…
Government receives over ₹10 lakh crore in revenue by July 2024
The Government of India has consolidated its financial accounts up to July 2024, revealing that total receipts amount to ₹10,23,406 crore. This represents 31.9% of…
India’s fiscal deficit at ₹1.36 lakh crore or 8.1% of annual estimate for Q1 2024-25
Jul 31, 2024 05:12 PM IST Fiscal deficit narrowed to 8.1% of annual estimate, compared to 25.3% during the previous year’s first quarter India’s fiscal…
Fiscal deficit stands at 82.8% of full-year target in February: Govt data
The central government’s fiscal deficit touched 82.8 per cent of the full-year target at the end of February, according to data released by the Controller…