Fiscal Deficit
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April-November fiscal deficit at $76.2 billion, hits 80.4% of full year target
Dec 31, 2012, 02:55 PM ISTNew Delhi, Dec 31: The country's fiscal deficit during the April-November period was Rs 4.13 trillion ($76.2 billion), or 80.4 percent of the budgeted full fiscal year 2012/13 target, government data showed on Monday.During the
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Reduced diesel, LPG subsidies will lower fiscal deficit: PM
Dec 15, 2012, 03:51 PM ISTNew Delhi, Dec 15: Underlining the government's intent to reduce the fiscal deficit to three percent of GDP by 2016-17, Prime Minister Manmohan Singh Saturday said the actions in correcting energy pricing, reducing diesel and
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Foreign investors shying away because of high fiscal deficit, says PM
India | Nov 01, 2012, 04:43 PM ISTNew Delhi, Nov 1 : Holding that “high” fiscal deficit is a deterrent for domestic and foreign investments, Prime Minister Manmohan Singh today said the government will have to overcome constraints to achieve a target
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Will try to restrict fiscal deficit to 5.3 pc: Chidambaram
Oct 31, 2012, 06:19 PM ISTNew Delhi, Oct 31: The government will endeavour to maximise revenue collection and contain expenditure to restrict fiscal deficit to 5.3 per cent of the Gross Domestic Product (GDP) in the current financial year, Finance
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Govt determined to contain fiscal deficit says Rangarajan
Jun 29, 2012, 03:15 PM ISTKolkata, Jun 29: Chairman of Prime Minister's Economic Advisory Council C Rangarajan today said the government was determined to contain fiscal deficit.“There is a debate between austerity and growth and we have made our mind
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Indian economy in midst of a slowdown, says CII
Jun 03, 2012, 12:54 PM ISTLucknow, Jun 3: Industry chamber CII on Friday said the Indian economy is currently in the midst of a slowdown. Besides the economic growth slowing down to a nine-year low of 6.5 per cent in
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Assocham Prez Dhoot For Curbing Fiscal Deficit, Oil Subsidy
Feb 28, 2012, 07:48 PM ISTMumbai, Feb 28: Industry lobby Assocham today urged the Finance Minister to reduce government expenditure and raise revenues to narrow the widening fiscal deficit.“The government should have enough political courage to align domestic fuel prices
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RBI Asks Govt To Cap Fiscal Deficit
Feb 01, 2012, 04:51 PM ISTMumbai, Feb 1: Cautioning the government that excessive borrowing is bad, Reserve Bank Governor D Subbarao today urged the government to put a cap on the public debt as it would hurt growth.“There is an
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Difficult To Achieve Fiscal Deficit Target Of 4.6 PC : Pranab
Jan 11, 2012, 10:01 PM ISTNew Delhi, Jan 11: Finance Minister Pranab Mukherjee today said it would be difficult to restrict fiscal deficit to targeted level of 4.6 per cent of GDP this fiscal, but all efforts be taken to
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Fiscal Deficit May Go Up By 1%, But Not Worrisome, Says Montek
Nov 21, 2011, 06:18 PM ISTNew Delhi, Nov 21: Conceding that the fiscal deficit could exceed the targeted 4.6 per cent of GDP for 2011-12 by up to one percentage point, Planning Commission Deputy Chairman Montek Singh Ahluwalia today said
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Govt Hiked Fuel Price To Check Fiscal Deficit , Says BJP
National | Jun 27, 2011, 10:23 PM ISTNew Delhi, June 27: BJP today alleged the government had increased the prices of petroleum products to keep in check its fiscal deficit which is “going awry due to high corruption and faulty economic policies”.The
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Centre To Lose Rs 24,000 Cr On Petro Duty Cuts In FY12
Jun 27, 2011, 09:56 PM ISTNew Delhi, June 27: Pegging the losses on account of duty cuts on petroleum goods at Rs 24,000 crore in 2011-12, the Finance Ministry today said it would take steps to restrict fiscal deficit to