"The government's welfare schemes are quite large, comprehensive, well spread and the emphasis is on implementation rather than on budget provisions"
We are at 57 per cent of GDP for the central government, we have to see that every year we nibble away may be a percentage point, said Ajay Seth, Economic Affairs Secretary
Sitharaman said large macroeconomic considerations had been kept in mind, and fiscal consolidation had not been ignored
The fiscal deficit is the difference between the government's expenditure and revenues when the former is higher
In an exclusive interaction with Arup Roychoudhury and Asit Ranjan Mishra, V A Nageswaran said that budget deficit targets should be solely decided by debt levels are sustainable
Commodity prices will raise total import bill and add to unfavourable developments in current account balance, it says
This is the last full budget before the 2024 Lok Sabha elections, and will be tabled amidst a global slowdown and unprecedented geopolitical uncertainty
Even as India is a relatively bright spot in the global economy, most of its big trading partners in the West, and China are bracing for a deep slowdown and, in some cases, a recession
The Modi government will present its last full Budget on February 1 as the 2024 Budget will be a vote on account because the nation will be heading for the hustings from April next year
Halwa ceremony tomorrow will mark the final preparations
Top policymakers comfortable with 6-6.5% growth in FY24
The Finance Ministry is likely to stick to its internal fiscal consolidation roadmap
Economists say many poll-bound states chose to focus on scheme and subsidy spending
Due to crucial state elections in 2022 and 2023, many state administrations chose to focus on scheme and subsidy spending
Industry seeks hold on interest rates from RBI
PM Modi underscored 'Nari Shakti' as a key driver of India's growth
Strengthening of multilateral institutions a priority, she says as country outlines its vision as G20 president
World faces unsustainable levels of debt, era of low growth, de-globalization: Report
Here is a brief status check of some initiatives that the Finance Minister touched upon in the Union Budget 2022