Fiscal Responsibility and Budget Management Act

States set to miss 20% debt-to-GDP ratio target by FY23: Report

From a global perspective, the country remains an outlier in terms of both consolidated debt-to-GDP and debt-to-revenue ratios.

Sep 18, 2018, 16:49 PM IST

FY18 fiscal deficit target may be set at 3-3.5% than 3%: BofA

Government's fiscal deficit target for next fiscal could be changed to a 'range' and set at 3-3.5 percent of the GDP, rather than 3 percent, says a Bank of America Merrill Lynch (BofA-ML) report.

May 20, 2016, 16:00 PM IST