The government's market borrowings have touched ₹2.54 trillion, as of June 2019The budgeted market borrowing is ₹4.48 trillion for the fiscal
1 min read18 Aug 2019The authors conclude that lack of monetary independence increases vulnerability to a rollover crisis and argue that this is what happened in Spain a few years ago
1 min read13 Dec 2018Thanks to easy money sloshing about globally, the financial and trading system will keep throwing up other asset bubbles
8 min read13 Sep 2018Sluggish GST revenues would mean higher government borrowing and consequently a worsening fiscal deficit position
2 min read27 Feb 2018The government will borrow Rs20,000 crore more by issuing long-term bonds before 31 March as against Rs50,000 announced earlier
2 min read17 Jan 2018Additional Rs50,000 government borrowing programme and deteriorating GST collections are likely to take their toll on fiscal deficit target of 3.2% for 2017-18
3 min read28 Dec 2017The meeting between RBI and government comes at a time when there are talks to relax the fiscal deficit target with a view to perk up economic growth
1 min read27 Sep 2017The health of public finances in India will in great measure depend upon the fiscal rectitude of state governments
5 min read25 Apr 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared