Topic: Controller General of Accounts
Centre’s fiscal deficit stood at 18.2% of budget estimate for FY22 at end of June
PTI -
In absolute terms, the fiscal deficit was at Rs 2,74,245 crore. For the current financial year, the government expects the fiscal deficit at 6.8% of GDP or Rs 15,06,812 crore.
Fiscal deficit for 2020-21 at 9.3% of GDP, lower than estimated by finance ministry
PTI -
The government had initially pegged the fiscal deficit at Rs 7.96 lakh crore or 3.5 per cent of the GDP in the budget presented in February 2020.
On Camera
YourTurn
Pakistan can learn from Israel’s secret weapon and arrest its intellectual decline
How did Israel, a country of nine million — between one-half and one-third of Karachi’s population — manage to subdue 400m Arabs?
Keep calm and carry on: Unlike wheat, rice isn’t hot yet
The world is worried that India might restrict exports of rice after wheat, pushing prices higher and worsening global food security.
Defence
India’s Eastern Seaboard gets its first naval air squadron INAS 324
With INAS 324, the Indian Navy's Eastern Seaboard will now operate a naval air squadron with HAL’s indigenously built Advanced Light Helicopter.
Moral, political & ideological questions on Maharashtra: 1st is simplest to answer, 3rd trickiest
What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.