Fiscal Policy

Insights into India’s fiscal landscape for FY2025: Balancing growth and fiscal prudence

India’s Fiscal Deficit comes at 25% of FY24 target at 4.51 lakh crore in June quarter

The figures for the budget deficit in April–May 2023 was 2.10 lakh crore. According to the data, net tax receipts for the months of April through June totaled 4.3 lakh crore, or 18.6% of the annual projection, down from 5.06 lakh crore during the same period last year.

Without improved fiscal policy, central banks will be unable to control inflation: Study

According to a study presented at Jackson Hole, the worsening of fiscal imbalances will result in considerably more inflationary pressure if monetary tightening is not accompanied by expectations of sufficient fiscal adjustments.