Tag: Fiscal Deficit

Not sufficient emphasis on jobs in FY24 budget, says former RBI governor Subbarao
Posted in Economy

Not sufficient emphasis on jobs in FY24 budget, says former RBI governor Subbarao

Former RBI governor D Subbarao on Thursday said there was not ‘sufficient emphasis’ on jobs in the Budget for 2023-24 and it failed to grapple…

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India can grow at about 7% despite global uncertainty: Former chief economic advisor K V Subramanian
Posted in Economy

India can grow at about 7% despite global uncertainty: Former chief economic advisor K V Subramanian

Monetary policy across the world is guided by flawed monetary theory that puts the cart before the horse, i.e., gets the direction of causality wrong,…

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Budget 2023: A Balancing act with tax relief, inclusive spending and capex surge
Posted in Economy

Budget 2023: A Balancing act with tax relief, inclusive spending and capex surge

The budget for FY24 is inclusive in orientation, caters to the poorest while taking care of long-neglected communities and regions, provides a 33% increase in…

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india: View: Equipping India’s growing workforce with the basics is just as important as capex
Posted in Economy

india: View: Equipping India’s growing workforce with the basics is just as important as capex

To economic policy makers in the rest of the world, the annual presentation of India’s federal budget must be a mystifying exercise. It’s less a…

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India growth prospects strongest among emerging market economies: S&P
Posted in Economy

India growth prospects strongest among emerging market economies: S&P

India has the strongest growth prospects among emerging market economies and the fiscal 2024 budget will support productivity and higher growth which will be the…

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Material revenue gains must for 4.5% fiscal deficit target: Moody's
Posted in Economy

Material revenue gains must for 4.5% fiscal deficit target: Moody’s

Moody’s Investors Service on Friday said the budget for FY24 balances the government’s commitment to longer-term fiscal sustainability against its “more immediate priority” of supporting…

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rbi: Prime Minister Modi’s election Budget is unlikely to delay RBI path to rate pause
Posted in Economy

rbi: Prime Minister Modi’s election Budget is unlikely to delay RBI path to rate pause

The Narendra Modi government’s $550 billion India budget aimed at boosting consumption by lowering taxes will not stop the central bank from moving toward a…

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Fiscal math: Budget 2023-24: How the big numbers stack up in Sitharaman's fiscal math
Posted in Economy

Fiscal math: Budget 2023-24: How the big numbers stack up in Sitharaman’s fiscal math

How much is the government expecting to earn, how much does it plan to spend, and how will it finance the gap? In her Budget…

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India's April-December fiscal deficit widens on-year to 59.8% of FY23 aim
Posted in Economy

India’s April-December fiscal deficit widens on-year to 59.8% of FY23 aim

India’s fiscal deficit for the first nine months of this fiscal year through December stood at 9.93 lakh crore rupees, or 59.8% of annual estimates,…

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Posted in Economy

India Budget: Tax cuts, factory incentives: What to watch for in Budget

India’s budget on Wednesday will test the government’s resolve to stay fiscally prudent as expectations of lower taxes, wider social security net and further boost…

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