Government Monetises ₹1.56 Lakh Crore in FY24 under National Monetisation Pipeline In a significant move aimed at bolstering infrastructure development across the country, the Government of India has successfully monetised ₹1.56 lakh crore under the National Monetisation Pipeline (NMP) for the fiscal year 2023-24. This initiative, spearheaded by various ministries, aims to unlock the value…
India’s Fiscal Update 2023-24: Deficit and Revenue Surge In the fiscal year 2023-24, India witnessed significant developments in its fiscal landscape, marked by a notable surge in both deficit and revenue. This fiscal update holds paramount importance for aspirants preparing for various government exams, including those aspiring for positions in teaching, police services, banking, railways,…
India’s Fiscal Deficit Reaches 45% of FY24 Target in 7 Months India has recently encountered a notable fiscal development as the fiscal deficit reached 45% of the target set for the fiscal year 2023-24 within just seven months. This revelation, disclosed by the Controller General of Accounts (CGA), has sparked discussions and concerns within financial…
