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REVENUE-EXPENDITURE
Unfazed by West Asia crisis, fiscal deficit within range at 18.2% in Q1The Centre's fiscal deficit reached 18.2% of the full-year target in the first quarter. Higher spending was offset by stronger net tax coll...- VB-G RAM G: A potential rural income hike comes with a burdenIndia's new rural employment scheme, VB-G RAM G, promises more work and higher wages, aiming to boost rural incomes. However, a significant...
- Finance Minister Sitharaman embarks on 4-day official visit to France to bolster economic tiesFinance Minister Nirmala Sitharaman is on a four-day visit to France to bolster the India-France Strategic Partnership and economic ties. A...
- Fiscal deficit widens to 9.6% of FY27 target on higher spendingIndia's fiscal deficit surged to 9.6% of the annual target in the first two months of the financial year, a significant jump from last year...
- Eighth Pay Panel may stay cautious on fitment factorWhile the Commission hasn't yet finalised its recommendations, early discussions suggest that the fitment factor could remain close to the ...
- State borrowings must focus on asset creation, not just revenue expenditure: FM Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman urged state governments to invest borrowed funds in long-term assets like schools and hospitals, ...
- SBI Research sees Bengal budget tone most optimistic in 17 yearsWest Bengal's new budget signals a significant policy shift, moving from welfare to investment and industrial growth, according to SBI Rese...
- CAG asks states to disclose off-budget borrowings in A/CsIndia's Comptroller and Auditor General, K Sanjay Murthy, urged state governments to fully disclose their off-budget borrowings. He highlig...
- States' expenditure rises 131% in 10 yrs on welfare, development: CAG ReportStates' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the la...
- UP, Gujarat, Jharkhand, 10 other states record revenue surplus in FY25: CAG reportFifteen Indian states faced revenue deficits in the fiscal year 2024-25. Thirteen states, however, reported revenue surpluses. The Comptrol...
- Fiscal stress deepens across states as all 28 post deficits in FY25: CAG reportIndia's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liab...
- India's strong growth keeps state finances stable despite deficits, rising debt: S&PIndia's robust economic expansion is shielding state finances from worsening. Despite ongoing spending needs and revenue gaps, strong growt...
- ET Prime Special Series: Multibagger or IBC - Curious case of one stock, two companies. Only one of them makes brakesOn paper this is a friction-material company. In practice, the larger force inside the company is an investment portfolio. The friction bus...
- India meets FY26 fiscal deficit target of 4.4% of GDP; revenue deficit at 1.55%India's fiscal deficit reached the budgeted 4.4% of GDP for fiscal 2026. This eases immediate government finance worries. However, the focu...
- GDP data release revised to June 7 each yearThe statistics ministry has adjusted the release date for provisional GDP estimates and fourth-quarter data to June 7 annually, moving from...
- West Bengal's revenue expenditure outpaces capital spending in H1 FY25: ReportWest Bengal's fiscal health shows a concerning imbalance, with revenue expenditure outpacing capital investment in the first half of FY25. ...
- CAG demonstrates how govt relies on off-budget resources to fund deficitIndia’s deficit numbers have come under lens as the govt is increasingly depending on off-budget borrowings.
- Abnormal lag in revenue expenditure irks Defence MinistryThe Ministry said that last minute expenses in the month of March will be subject to a special audit by Defence Minister Manohar Parrikar.
- CAG raps Punjab for utilizing borrowings for paying past debtReport also mentions Government of Punjab, did an excess expenditure of Rs 2,057.34 crore.
- Assam government should restrict non-plan revenue expenditure: CAG"The revenue receipts at Rs 27,455 crore is, higher by Rs 1,334 crore than the assessment made in Five Year Fiscal Plan (FYFP)," it said.
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