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.