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When the RBI objected to Govts attempt to ‘back-door monetization of fiscal deficit in 2018

When the RBI objected to Govt's attempt to ‘back-door monetization' of fiscal deficit in 2018

Former Deputy Governor Viral Acharya described the government's attempt to extract Rs 2-3 lakh crore as a 'back-door monetization' of the fiscal deficit, raiding the central bank's balance sheet to finance populist expenditures during the 2019 Lok Sabha elections.

6 Sep 2023 11:40 AM GMT

Higher tax realization helps to improve Fiscal deficit for 2021-22

Higher tax realization helps to improve Fiscal deficit for 2021-22

1 Jun 2022 6:34 AM GMT

Fiscal deficit for Apr-May stands at 8.2% of budget estimate

Fiscal deficit for Apr-May stands at 8.2% of budget estimate

New Delhi: The April-May budgetary fiscal deficit of India reached 8.2 per cent of FY22 target, official data showed on...

1 July 2021 6:01 AM GMT