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Revenue expenditure News

India's fiscal deficit

30 Nov 2017

Fiscal deficit crosses 96% of FY18 target at Oct-end

For 2017-18, the government aims to bring down the fiscal deficit to 3.2 percent of GDP.

revenue expenditure

10 Aug 2017

Revenue expenditure projected to reduce to about 85% in 2019-20

The proportion of revenue expenditure in the total expenditure which is budgeted to be 85.6 percent in the current fiscal, is projected to be roughly the same in 2018-19 and decrease to 85 percent in 2019-20, according to the Medium-Term Expenditure Framework (MTEF) Statement tabled in the Lok Sabha on Thursday.

10 Aug 2017

Govt aims to eliminate subsidy on LPG by March 2018

India will aim to eliminate subsidy on LPG by March 2018, the government said in its mid-year expenditure framework tabled in Parliament on Thursday.

05 Jun 2017

Over 51% jump in govt's revenue expenditure in April: Icra

Early passage of the budget for 2017-18 has contributed to an upfronting of expenditure, resulting in a sharp 51.2 percent rise in revenue expenditure in April, rating agency Icra said.

Finance Ministry

20 Feb 2016

Improved quality of public expense stoking growth: Finance Ministry

The quality of government expenditure has improved significantly in the current fiscal and is resulting in high growth, Finance Ministry said on Saturday.

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