Govt may postpone fiscal deficit target of 3% for FY19 by one year- Siddhartha Khemka

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  • Budget 2019: Fiscal deficit target lowered to 3.3% for FY20

    Budget 2019: Fiscal deficit target lowered to 3.3% for FY20

    Finance Minister Nirmala Sitharaman Friday lowered the fiscal deficit target to 3.3 per cent for the current fiscal from the earlier estimate of 3.4 per cent of the GDP. "The fiscal deficit this year is 3.3 per cent brought down from 3.4 per cent," she said while presenting Budget for 2019-20. While presenting interim Budget 2019-20 in February, the government had pegged fiscal deficit target at 3.4 per cent. (Text: PTI)




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    Watch Budget 2019: Fiscal deficit target lowered to 3.3% for FY20 With HD Quality

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  • April-November fiscal deficit touches nearly 115% of FY budgeted target

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    The Economic Times | A Times Internet Limited product

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  • Davos Direct: India will not cross the red when it comes to fiscal deficit target, says KV Kamath

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    The Economic Times | A Times Internet Limited product

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    In his interim Budget speech, Union Minister Piyush Goyal pegged the fiscal deficit of the year 2019-20 at 3.4 per cent of the GDP. He also claimed that the government has maintained the glide path towards the target of 3 per cent of fiscal deficit to be achieved by 2020-21. How much of it is tenable? Swaminathan Aiyar, Consulting Editor, The Economic Times explains.

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    India's fiscal deficit in May stood at 3.66 trillion rupees ($53.04 billion), or 52% of the budgeted target for the current fiscal year, government data showed on Friday.




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    Breaking News: Budget 2013-14: Fiscal deficit for 2012-13 estimated at 5.2 per cent: Chidambaram

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पुन्हा खेळा.
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वर प्रकाशित: Jan 31, 2018
1534 दृश्ये

Siddhartha Khemka, Head of Retail Research at Motilal Oswal Securities believes there is limited flexibility for the government to go overboard on its spending plans in Budget 2018.

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