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Thursday, October 30, 2025
TopicFiscal deficit

Topic: fiscal deficit

Economist DR Pendse’s 7-point plan to cut expenditure and control budget deficit

Revenue generation is not the answer for us. In fact, it aggravates the malady. We must concentrate on curbing expenditure, wrote DR Pendse in 2000.

What’s behind bond yields’ logic-defying spike? The market’s concern over the future

While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.

SubscriberWrites: Budgeting aspirations—youth, jobs, & the state’s dilemma

Fiscal policy is not just about numbers—it defines the dreams a state allows its youth to chase.

GDP data revisions—why India still struggles with sharp variations

The latest round of GDP data revisions underlines the need for a bigger fix.

Kerala budget brings hikes in taxes & levies amid fiscal deficit crisis

Kerala brought down the deficit for 2022-2023 to under 3 percent, in line with FRBM guidelines, but is still expecting to slightly breach the limit in 2024-2025 and 2025-2026.

Budget tries to balance growth with fiscal prudence, but relies on spending cuts over revenue boost

Govt has done well to stick to path of fiscal consolidation. It’s unclear if compression of revenue spends net of interest payments is the direction the govt would like to take in coming yrs.

7 months into FY25, govt has met just 42% of capex target, low GDP growth puts strain on fiscal goals

Corporate tax collections saw modest growth of just 1.2%, but a 20.2% rise in income tax collections helped strengthen the government's overall revenue position.

Maharashtra & Jharkhand’s long list of poll promises reliant on them getting their fiscal maths right

Maharashtra has headroom to spend, but committed expenditure is expected to rise. In Jharkhand, optimistic revenue projections may limit the state govt’s ability to fulfill the promises.

New Haryana govt has to choose between raising taxes & cutting committed spends to fund poll promises

Haryana has seen good growth, keeping its deficit within limit in recent years. Inclusive development, fixing unemployment, bridging rural-urban inflation gap should be new govt’s priorities.

Eye on debt-to-GDP — pivot in govt’s fiscal strategy post FY26 promising, amending FRBM Act will help

The full budget retains focus on fiscal consolidation. In her budget speech, finance minister mentioned the intent will be to fix fiscal deficit with debt-GDP ratio on a declining path.

On Camera

Russia’s super-missile test shows a new, expensive technological race—with dire outcomes

The test raises a question. Why have Russian nuclear strategists now invested in the Burevestnik, when the US abandoned nuclear ramjet propulsion in 1964?

Karnataka, Telangana, TN, Maharashtra power 40% of services output, pan-India growth uneven—NITI Aayog

Report on India's services sector examines state-level dynamics, maps disparities and suggests ways to tap into the sector’s potential.

India pulled out of Tajikistan’s strategically important Ayni air base in 2022. Here’s why

Tajikistan did not want to extend the lease because of apparent pressure from Russia & China over non-regional military personnel at the air base, it is learnt.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.