A Study of Budgets,” India’s states reported a consolidated gross fiscal deficit of 3.3% of GDP in 2024-25. The report ...
States' fiscal deficit crosses 3% of GDP in FY24 after 3 years; capital spending rises as liabilities remain manageable, says ...
The RBI report noted that the consolidated outstanding liabilities of States declined to 28.1 per cent of GDP at end-March 2024, from a peak of 31 per cent at end-March 2021. The improvement reflects ...
The States' deficit above 3 per cent stems from 50-year interest-free loans which the Centre provides under the Special ...
Economists project India's FY27 fiscal deficit at 4.2-4.3% of GDP, influenced by higher growth and prudent spending.
Budget day market reactions focus on gross/net borrowing and fiscal deficit, impacting bond yields, equity valuations, and RBI policy moves. Learn more.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results