Versuchen GOLD - Frei
Will Stick To Fiscal Deficit Target: DEA
The Business Guardian
|August 31, 2025
Department of Economic Affairs (DEA) Secretary Anuradha Thakur on Saturday expressed confidence that India will meet its fiscal deficit target of 4.4 per cent for 2025-26, despite the first quarter showing a wider deficit than last year.
In an exclusive interview with ANI, Thakur underlined the government's commitment to fiscal discipline while stressing the strength of India's economic fundamentals.
"On the overall year number, we remain confident that we will be able to stick to the fiscal deficit target we had set, and we will be able to maintain that," she stated, responding to concerns over the April-July fiscal data.
India's fiscal deficit for April-July stood at Rs 4.68 lakh crore, or 29.9 per cent of the 2025-26 target, compared to 17.2 per cent during the same period last year.
Thakur, however, dismissed concerns that the quarterly performance would impact annual projections. "Fiscal deficit number for Q1 is not indicator for the full year. Because on monthly or quarterly basis, there could be temporal mismatches between the flow of non-debt receipts and expenditures," she explained.
Diese Geschichte stammt aus der August 31, 2025-Ausgabe von The Business Guardian.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON The Business Guardian
The Business Guardian
WTO Chief urges India to lead trade reforms, warns against
World Trade Organisation (WTO) Director General Ngozi Okonjo-Iweala on Friday said India should play a leading role in driving reforms at the WTO, stressing that the global trading system must remain rules-based rather than power-based.
2 mins
November 15, 2025
The Business Guardian
Tejas Networks EVP warns against govt equity in chip firms
Parag Naik, CEO of Saa-nkhya Labs and Executive Vice President at Tejas Networks, was not in favour of government taking an equity stake in semiconductor companies.However, he noted the issue is complex and needs careful consideration of both its advantages and drawbacks.
1 mins
November 15, 2025
The Business Guardian
INDIA'S WPI INFLATION STAYS NEGATIVE AT -1.21% IN OCTOBER
India's wholesale inflation stayed in negative territory for the fourth month in October 2025, driven by broad declines in key commodity prices.
2 mins
November 15, 2025
The Business Guardian
Govt urges insurers to speed up claims, improve service
Government urged insurance companies to ensure the “highest standards of service and better turnaround time” for policyholders, particularly during hospitalisation and while settling claims.
1 mins
November 15, 2025
The Business Guardian
EMPOWERING THE ROOTS: TRIBAL IDENTITY IN NEW BHARAT
Seeing the threat posed by British rule to their water, forests, land, tribal identity, and freedom, Birsa Munda, who led the “Ulgulan” (Great Tumult) Movement against the exploitative British regime, was honored with the title “Dharti Aaba” (Father of the Earth).
6 mins
November 15, 2025
The Business Guardian
Govt issues phased rollout of Digital Data Protection Rules
The Central Government has formally notified the Digital Personal Data Protection (DPDP) Rules, 2025, which lay down the operational framework for implementing the Digital Personal Data Protection Act, 2023.
1 min
November 15, 2025
The Business Guardian
Delhi to install EV chargers at all major ISBTs
After launching inter-state electric bus services to two cities and planning further expansion, the Delhi government will now set up electric vehicle (EV) charging infrastructure at the city’s three main interstate bus terminals, officials said on Friday.
1 min
November 15, 2025
The Business Guardian
Atul Jain Congratulates BJP on Historic Victory in Bihar
Atul Jain, National President of the All India Shwetambar Sthanakvasi Jain Conference, expressed his deep joy and pride over the Bharatiya Janata Party’s historic and landslide victory in Bihar.
1 min
November 15, 2025
The Business Guardian
India negotiating trade pact with US, EU & others: Goyal
Commerce and Industry Minister Piyush Goyal on Friday said India is negotiating free trade agreements at present with countries, including the US, European Union, New Zealand, Oman, Peru and Chile.
1 min
November 15, 2025
The Business Guardian
CM Rekha opens Delhi pavilion at Trade Fair
Chief Minister Rekha Gupta on Friday inaugurated the 'Delhi Pavilion' at the India International Trade Fair, asserting that the government is fully committed to supporting the growth and expansion of local entrepreneurs.
1 min
November 15, 2025
Listen
Translate
Change font size