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LS Gives Nod for Additional Cash Outgo of Rs 58,378 Crore

For the full 2023-24, the government has budgeted the fiscal deficit to be Rs 17.86 lakh crore or 5.9 per cent of the gross domestic product ....

New Delhi , Nirmala Sitharaman , Lok Sabha , Additional Spending , Fertiliser Subsidy , Supplementary Demands For Grants , Finance Minister Nirmala Sitharaman , Fiscal Prudence ,

'No capex cuts, govt may rejig revenue spend'

The Centre s fiscal deficit in the first four months of FY24 stood at 33.9% of the annual target, sharply higher than 20.5% a year before. Of course, the deficit until July is still way below the five-year average of 69%. Capex jumped nearly 52% between April and July from a year earlier to ₹3.17 lakh crore, higher than the budgeted annual rise of about 36%. ....

New Delhi , Revenue Spend , Revenue Expenditures , Additional Spending , Cut Capex , Annual Target ,