Tue, Jan 23, 2018
Finance Ministry remains firm on its borrowing and fiscal deficit targets for this financial year.
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Fri, Dec 29, 2017
Fiscal deficit occurs when a government's total expenditure exceeds the revenue that it generates, excluding money from borrowings.
Mon, Oct 23, 2017
SBI said the fiscal deficit of 3.2% in FY18 does not seem difficult to meet. However government will have to reduce expenditure drastically.
Thu, Oct 05, 2017
Government had budgeted gross market borrowings of Rs 5.8 lakh crore ($88.57 billion) for FY18. Of this, 3.72 trillion rupees was raised in the first half of the year.
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