Robust Fiscal Management: Centre and States Maintain Sub-7% GDP Fiscal Deficit Fiscal management remains a critical factor in sustaining a stable economic environment, especially amidst global uncertainties. Recent reports reveal a commendable feat by both the Centre and various states in maintaining a fiscal deficit below 7% of the Gross Domestic Product (GDP). This development…
Centre Meets FY23 Fiscal Deficit Target of 6.4% of GDP The Indian government’s achievement of meeting the fiscal deficit target for the fiscal year 2022-23 has significant implications for the country’s economic stability. With careful fiscal management and strategic planning, the Centre successfully kept the fiscal deficit at 6.4% of the Gross Domestic Product (GDP),…
India fiscal deficit : India’s April-February Fiscal Deficit at Rs 14.54 Lakh Crore: 83% of FY23 Target India’s fiscal deficit for the first eleven months of the fiscal year 2022-23 was Rs 14.54 lakh crore, which is equivalent to 83% of the target for the entire fiscal year, according to the data released by the…
