Indranil Sen Gupta, India Economist, BofA-ML, says the possibility of the government missing out on its FY20 fiscal deficit target is very high. In an interview with Saloni Goel of ETMarkets.com on the sidelines of the ETMarkets Global Summit, 2019, he shared his views on the government's disinvestment plan as a way to manage its fiscal maths. Edited excerpts:-
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Watch FY20 fiscal deficit would easily slip to 3.8%: Indranil Sen Gupta With HD Quality.
Indranil Sen Gupta, India Economist, BofA-ML, says the possibility of the government missing out on its FY20 fiscal deficit target is very high. In an interview with Saloni Goel of ETMarkets.com on the sidelines of the ETMarkets Global Summit, 2019, he shared his views on the government's disinvestment plan as a way to manage its fiscal maths. Edited excerpts:-
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Watch FY20 fiscal deficit would easily slip to 3.8%: Indranil Sen Gupta With HD Quality
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Finance Minister Nirmala Sitharaman Friday lowered the fiscal deficit target to 3.3 per cent for the current fiscal from the earlier estimate of 3.4 per cent of the GDP. 'The fiscal deficit this year is 3.3 per cent brought down from 3.4 per cent,' she said while presenting Budget for 2019-20. While presenting interim Budget 2019-20 in February, the government had pegged fiscal deficit target at 3.4 per cent. (Text: PTI)
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Watch Budget 2019: Fiscal deficit target lowered to 3.3% for FY20 With HD Quality
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Mr Chandrajit Banerjee, Director General, CII sharing his views on Union Budget 2019 at the LIVE Viewing Session held at CII Headquarters, New Delhi on 1st February, 2019.Watch Views of Mr Chandrajit Banerjee on Fiscal Deficit With HD Quality
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In his interim Budget speech, Union Minister Piyush Goyal pegged the fiscal deficit of the year 2019-20 at 3.4 per cent of the GDP. He also claimed that the government has maintained the glide path towards the target of 3 per cent of fiscal deficit to be achieved by 2020-21. How much of it is tenable? Swaminathan Aiyar, Consulting Editor, The Economic Times explains.
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Watch Fiscal deficit target tenable? Swaminathan Aiyar explains | BUDGET 2019 | Economic Times With HD Quality
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India's fiscal deficit in May stood at 3.66 trillion rupees ($53.04 billion), or 52% of the budgeted target for the current fiscal year, government data showed on Friday.
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Watch India's fiscal deficit hits 52% of budgeted target in first 2 months of 2019/20 With HD Quality
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India’s Apr-Oct fiscal deficit widens to Rs 7.58 lakh crore #shorts
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Watch Union budget: Budget 2013 Live - Fiscal deficit for 2012-13 estimated at 5.2 per cent: Chidambaram Video.
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Siddhartha Khemka, Head of Retail Research at Motilal Oswal Securities believes there is limited flexibility for the government to go overboard on its spending plans in Budget 2018.
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Watch Govt may postpone fiscal deficit target of 3% for FY19 by one year- Siddhartha Khemka With HD Quality
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Fiscal deficit in last 3 years of UPA rule was 5.9%, 4.9% & 4.5%, while under BJP rule it came down to 4.1% in the first year, 3.9% in second and 3.5% in the third: FM Shri Arun Jaitley #ParalysisToProsperity
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India's April-November fiscal deficit stood at 7.17 lakh crore ($101.93 billion), or 114.8 percent of the budgeted target for the current fiscal year, government data showed on Thursday.
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