Fiscal | Fiscal News | Fiscal Photos

Web Sify

Sify.com » Topics » Fiscal

Fiscal News

Borrowing limit breather for Bengal
Despite having met its enhanced debt limit, the West Bengal government has planned to raise another Rs 1,000 crore through market borrowing, implying a second relaxation by the central government on its borrowing spree this financial year. Data from the Reserve Bank of India (RBI) shows it had already raised Rs 20,523 crore through 10-year state development loans (SDL) this financial year, against

Expenditure cap to narrow fiscal gap

As a widening fiscal deficit stares at government finances, a small hope to get some savings has come from the finance ministry’s rule that no government department spend more than 33 per

more

Tough love

How cruel. Moody’s is threatening to dump the UK’s triple-A rating. Its justification —“materially weaker growth prospects” – has been seized by the

more

Govt aims at 4.9% fiscal deficit in FY13

The finance ministry is likely to peg the fiscal deficit for 2012-13 at around 4.9 per cent of the gross domestic product (GDP) in the Budget. It may also revise the figure for the current financial

more

A K Bhattacharya: Get the diagnosis right

Now that the advance estimates of national income for 2011-12 are out and greater clarity has emerged on the nature and extent of the current economic slowdown, it is important to demolish the myth

more

Fiscal deficit looks magnified

Fiscal deficit till December already touched 4.3 per cent of the gross domestic product (GDP) for the entire financial year, just 0.3 percentage points short of the Budget target of 4.6 per cent of

more

Fiscal Galleries