Fiscal deficit in India
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Fiscal deficit, fiscal change, Indian fiscal deficit, revenue deficit, capital management,
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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.......
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
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on topic: "Fiscal deficit in India"
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Yes
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No
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Pravin Patil
| Argues in support of
"No"
| 4 years ago
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The deicit is not monetized so the chances of it being affected are a bit low.
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Deepak Somani
| Argues in support of
"Yes"
| 4 years ago
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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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Debate: "Fiscal Deficit " deleted from your view.
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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...
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ravi a sambhwani
| Commented
| 2 years ago
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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...
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Jyoti Rath
| Commented
| 3 years ago
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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...
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Rohit Khanna
| Commented
| 3 years ago
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Good insight there, mostly incur more taxes on businesses and people to curb the deficit...
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Insight: "How To Curb Fiscal Deficit Of $70 Bn. ?" deleted from your view.
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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...
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Padmanabhan R
| Commented
| 3 years ago
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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...
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SB DIKSHIT
| Commented
| 3 years ago
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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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Trends: "RBI for better monetary, fiscal synergy" deleted from your view.
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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...
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Rohit Khanna
| Commented
| 4 years ago
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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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Insight: "India's rich can revive nation's deficit, U.S.' can't " deleted from your view.
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I support the fight against corruption which Anna Hazare jee has started but at the same time my mind is full of doubts.. Many doubts.. How can we stop corruption in India? When I was in school my parents used to pay 10 rupee every month to the peons to take care of me.. Though it was their duty and they should have done the dame without money but those 10 rupees created a lot of difference in their behavior. Corruption has strong roots. Corruption has to uprooted and the tumors which it has formed like the cancer tumors have to be removed. Even a single cell has the power to recreate it. We are humans and do not have control on the basics feelings like greed. If you are given even 500 rupees to do one work you will happily take it and start dreaming about how to spend it. While when your earn the same you prefer saving it. When this saving and spending ratio has to be balanced you prefer to be irrational. The cleaning of individual from within is necessary and that can be done...
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