Budget, FY25. Revenue & Expenditure Analysis – Part I
The Budget proposal projects total expenditure of Rs 48.2 lakh crore against receipt of Rs 32.1 lakh crore for the year 2024-25 or FY25. This implies fiscal deficit of Rs 16.1…
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…
Indian Government Debt – Where Is It going..??
After reaching a level of 83% of GDP in FY04, Government debt (Central and States combined) has declined by 17 percentage point. While the decline is much desirable, it still leaves…