Fiscal deficit crosses 96% of FY18 target at Oct-end
For 2017-18, the government aims to bring down the fiscal deficit to 3.2 percent of GDP.
Nov 30, 2017, 21:20 PM IST
Revenue expenditure projected to reduce to about 85% in 2019-20
The proportion of revenue expenditure in the total expenditure which is budgeted to be 85.6 percent in the current fiscal, is projected to be roughly the same in 2018-19 and decrease to 85 percent in 2019-20, according to the Medium-Term Expenditure Framework (MTEF) Statement tabled in the Lok Sabha on Thursday.
Aug 10, 2017, 19:46 PM IST
Govt aims to eliminate subsidy on LPG by March 2018
India will aim to eliminate subsidy on LPG by March 2018, the government said in its mid-year expenditure framework tabled in Parliament on Thursday.
Aug 10, 2017, 13:20 PM IST
Over 51% jump in govt's revenue expenditure in April: Icra
Early passage of the budget for 2017-18 has contributed to an upfronting of expenditure, resulting in a sharp 51.2 percent rise in revenue expenditure in April, rating agency Icra said.
Jun 05, 2017, 23:30 PM IST
Improved quality of public expense stoking growth: Finance Ministry
The quality of government expenditure has improved significantly in the current fiscal and is resulting in high growth, Finance Ministry said on Saturday.
Feb 20, 2016, 20:20 PM IST
