The gross fiscal deficit as per cent of budget estimate moderated in April-September 2024-25 over H1:2023-24 in case of both Centre and states, primarily on account of robust receipts, deceleration in their revenue expenditure growth and decline in capital expenditure, the article published in December RBI Bulletin said.
This provides fiscal room to them to boost capex in the latter half of 2024-25 which would aid in sustaining the post pandemic gains in expenditure quality and support medium-term growth prospects.
Diese Geschichte stammt aus der December 25, 2024-Ausgabe von Millennium Post Delhi.
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Diese Geschichte stammt aus der December 25, 2024-Ausgabe von Millennium Post Delhi.
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