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Fiscal deficit in India

Tags : Fiscal deficit, fiscal change, Indian fiscal deficit, revenue deficit, capital management,
Industry : Banking, Private Banking/Wealth Management, Insurance, Asset Management
Functional Area : India, Personal Finance, Recession
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About "Fiscal deficit in India" topic:


Fiscal deficit is an economic phenomenon, where the Government's total expenditure surpasses the revenue generated . It is the difference between the government's total receipts (excluding borrowing) and total expenditure. Fiscal deficit gives the signal to the government about the total borrowing requirements from all sources. Also let us know the different components of Fiscal deficit like, revenue deficit and capital expenditure.......

1 trends , 2 insight , 1 debates on topic: "Fiscal deficit in India"
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Pravin Patil  |  Argues in support of  "No"  |  2 years ago
The deicit is not monetized so the chances of it being affected are a bit low.
Deepak Somani  |  Argues in support of  "Yes"  |  2 years ago
Yes it will be when there would be reduced demand for export of goods and services from forign countries, then fiscal deficit will be affected.
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India's fiscal deficit for the 2008/09 fiscal year that ended on March 31 was 3.3 trillion rupees ($70 billion), the government said in a statement on Friday. The deficit is equivalent to 6.2 percent of India's gross domestic product (GDP), according to a Reuters calculation, and was higher than the government's target of 6 percent. In February, the government had revised upwards its fiscal deficit estimate for the year to 3.27 trillion rupees, equivalent to 6 percent of gross domestic product from an initial estimate of 2.5 percent. The deficit widened after the government announced extra spending of close to 1.5 trillion rupees to cover a farm debt scheme, subsidies and steps to stimulate...
ravi a sambhwani  |  Commented  |  1 year ago
i want to equity research analyst i have done cfa from icfai but no company is giving me chance to work as i dont have experiance in this field i said may at juniour level or at trainee level give me job but they are saying no i dont know what to...
Jyoti Rath  |  Commented  |  2 years ago
Mr Rohit and Mr. Japan shah are right here there should be more tax and government not giving tax exemptions for foreign companies which are setting up their base here, as this was the case which was before where they attracted with tax exemptions...
Rohit Khanna  |  Commented  |  2 years ago
Good insight there, mostly incur more taxes on businesses and people to curb the deficit...
 
 
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By fe Bureaus Monetary policy has become the first line of defence to combat credit crisis and there has to be deeper coordination between monetary and fiscal policies. Monetary policy should be sensitive to fiscal concerns, according to D Subba Rao, Governor, Reserve Bank of India. Speaking at the Reserve Bank's platinum jubilee celebrations in Hyderabad, he said that the borrowing programme has prevented a dramatic drop in the interest rates and there is a need to manage short-term demand. During the course of panel discussion, he said that there has to be coordination between monetary and fiscal policies. This has become a challenge even as the financial crisis has raised questions about...
Padmanabhan R  |  Commented  |  2 years ago
Thanks for sharing sir, Especially the three challenges faced, monetary policy can give quick results compared to fiscal and the right combination is essential. Yes deflation can affect the economic activity. Global participation and foreign...
SB DIKSHIT  |  Commented  |  2 years ago
Very good ref feral,u article is much more knowledgeable than what subbarao could have spoken ,he is of my batch of IIT.
 
 
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American billionaires may pip over their Indian counterparts in the list of the world's richest, however, if they have to revive their countries from the current fiscal deficit it's the Indians who emerge as winners. The Indian billionaires can write off the country's fiscal deficit with two-thirds of their wealth, but the entire wealth of the Americans will not be enough for the same. Infact, over half of the proposed expenditure for the next fiscal will also be covered in India, if the billionaires bestow their entire wealth, while the American billionaires' total wealth would meet only one-third of their country's proposed $3 trillion expenditure for the next fiscal. According to the lat...
Rohit Khanna  |  Commented  |  2 years ago
Its a very good insight, don't know about whether will bestow their billions but very good article, and what one can take from this article is that, why there is so much spending happening by all these countries, one needs to ask such questions??
 
 
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