Fiscal Deficit

Union Budget: Centre reduces fiscal deficit target to 4.9% of GDP for FY25

UNION BUDGET '24

July 23, 2024

Union Budget: Centre reduces fiscal deficit target to 4.9% of GDP for FY25

The fiscal target was part of India's federal budget, announced on Tuesday by Finance Minister Nirmala Sitharaman.

March 13, 2024
Financial package: Kerala rejects Centre's Rs 5,000-crore offer, demands Rs 10,000 cr

The Supreme Court had asked the Centre to consider providing a one-time package to the State government by March 31 to deal with its financial issues.
UNION BUDGET '23

February 01, 2023
Fiscal deficit to be brought down below 4.5% by 2025-26: Nirmala Sitharaman

She also said that tax receipts for the next fiscal are budgeted at Rs 23.3 lakh crore and states would be allowed 3.5 per cent of GDP as fiscal deficit.
January 18, 2023
Will Kerala be forced to shrink KIIFB's size? Balagopal hints at the possibility

Last fiscal, the state's own revenue had increased by Rs 17,000 crore.
January 17, 2023
States' fiscal health improves, debt-GDP ratio remains high: RBI report

The fiscal health of the states has improved from a sharp pandemic-induced deterioration in 2020-21 on the back of a broad-based economic recovery and resulting high revenue collections.
January 03, 2023
Explained | Is Centre squeezing Kerala dry as finance minister Balagopal claims?

Balagopal wants the LDF government to be seen as the victim of the BJP's authoritarian tendencies.
November 30, 2022
GDP growth halved to 6.3% in Sep quarter of current fiscal

The RBI bulletin had projected that GDP growth would be estimated at 6.1 to 6.3 per cent in the September quarter of the current fiscal.

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