Government Debt – Analyzing the Movement
Central government’s total debt is projected to increase to Rs 187 lakh crore by the end of FY25, as per the budget projections. This corresponds to an increase of 8.7%…
Budget – Understanding Deficit Terminologies
The budget proposal projects a decline in fiscal deficit (FD) from 5.8% of GDP in FY24 to 5.1% in FY25 whereas revenue deficit is projected to decline from 2.8% to…
Budget 2024-25 – Shunning the ‘Populism’
The ‘interim budget’ for the year 2024-25, presented by the finance minister Nirmala Sitaraman, did not make any populist announcement. The budget did not list out too many new proposals…