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The govt expenditure grew by a whopping 15.64% and in the process pushed up economic growth to 4.55% (Photo: Bloomberg)

Non-govt GDP growth paints a grimmer picture

2 min read . 01 Dec 2019

With 2019 Lok Sabha elections around the corner, expect more creative proposals on managing India’s fiscal deficit in the coming weeks and months.

Why credibility of India’s fiscal math is under strain

4 min read . 19 Dec 2018

A file photo of an anti-austerity rally in at Athens in Greece in June 2015. Photo: Reuters

Opinion | The three tribes of austerity

4 min read . 03 Sep 2018

Illustration: Jayachandran/Mint

Opinion | Need to focus on state government finances

4 min read . 15 Aug 2018

Union minister Arun Jaitley. Photo: Mint

How Arun Jaitley reduced the fiscal deficit

3 min read . 24 Jul 2018

India expects to trim the deficit to 3.3% of GDP in this fiscal year, after meeting an upwardly revised fiscal deficit target of 3.5% of GDP in 2017-18. Photo: Mint

India’s fiscal deficit reaches 55.3% of FY19 target in April-May

1 min read . 29 Jun 2018

Investors fear that the BJP-led union government may give in to the temptation of populism to counter anti-incumbency and lift economic sentiments in the run-up to 2019 Lok Sabha elections. Photo: AFP

Govt spending before Lok Sabha elections: What data shows

2 min read . 25 Jun 2018

The rural wage data is now available up to February 2018 and it shows that real non-agricultural wages have been declining since November 2017.

Rural distress can’t get buried in growth story

3 min read . 19 Jun 2018

Despite the higher government expenditure, MGNREGS wages in most states have been lower than statutory minimum wages for agriculture labour. Photo: Mint

Record government expenditure on MGNREGS underlines rural distress

2 min read . 03 Apr 2018

Finance minister Arun Jaitley revised his fiscal deficit target for 2017-18 to 3.5% of GDP from 3.2% of GDP citing disruptions caused by demonetisation and GST rollout. Photo: PTI

Finance ministry seeks nod for additional expenditure of Rs9.1 trillion

1 min read . 09 Mar 2018

India’s fiscal deficit target was revised to Rs5.95 trillion in the Union Budget 2018, presented by finance minister Arun Jaitley in Parliament on 1 February. Photo: Abhijit Bhatlekar/Mint

Fiscal deficit overshoots full-year revised estimate in January

1 min read . 28 Feb 2018

The risk of the government breaching its fiscal deficit target of 3.2% of GDP in FY18 increased significantly as it exhausted 112% of its Rs5.5 trillion full-year fiscal deficit by November-end. Graphic: Mint

Govt cuts additional borrowing target to Rs20,000 crore for FY18

2 min read . 17 Jan 2018

The state of the economy and the possibility that the government will miss the current year’s fiscal deficit target of 3.2% of GDP has put the spotlight on how it manages its finances. Illustration: Jayachandran/Mint

The great Indian fiscal dilemma

3 min read . 17 Jan 2018

India’s renewable energy capacity, as of October 2017, stands close to 61 GW. Photo: Bloomberg

Renewable energy ambition needs more money

4 min read . 16 Jan 2018

Finance minister Arun Jaitley. Union Budget 2018 probably the most challenging and important one for the primary steward of the Indian economy. Photo: Hindustan Times

Arun Jaitley’s fifth Union Budget

3 min read . 12 Jan 2018

The Union budget will be presented by finance minister Arun Jaitley on 1 February. Photo: Mint

Budget 2018: 3 key issues markets are likely to watch out for

2 min read . 12 Jan 2018

What sticks out like a sore thumb is the much lower proportion of non-tax revenues garnered this year.

A very unusual trend in the fiscal deficit

2 min read . 12 Jan 2018

The government is committed to bringing down fiscal deficit to 3.2% this financial year, says FM Arun Jaitley. Photo: Abhijit Bhatlekar/ Mint

Govt’s financial position under control: Arun Jaitley

2 min read . 22 Dec 2017

The economists have suggested finance minister Arun Jaitley that in case the govt falls short of the 3.2% fiscal deficit target, the reasons should be explained in Union Budget 2018. Photo: Pradeep Gaur/Mint

Union Budget 2018: Economists urge Arun Jaitley to slash corporate tax

1 min read . 12 Dec 2017

The boost to revenue expenditure is even more this fiscal year; till end-October it is Rs1 trillion more than last year.

No room for fiscal boost for rest of the year

1 min read . 01 Dec 2017

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