#MCOpinion: The government walked the #fiscal middle ground by keeping FY22 #deficit closer to the initial target, and followed the past template of 0.5 percent of #GDP reduction for FY23.
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https://www.moneycontrol.com/news/opinion/budget-2022-government-focuses-on-capex-multipliers-8033321.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/opinion/budget-2022-government-focuses-on-capex-multipliers-8033321.html?utm_source=telegram&utm_medium=social
Moneycontrol
Budget 2022 | Government Focuses On Capex Multipliers
The bond market reception of the Budget has been underwhelming as a sharp drop in disinvestments increased the reliance on debt receipts. Moreover, recourse to market borrowing increased as the provision for small savings has come down
#MCProOpinion: India has little choice but to live with the Chinese chill, with its #trade #deficit rising 58% over 2021. Instead of worrying over how to cut Chinese #imports, a better #strategy would be to increase global #exports.
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https://www.moneycontrol.com/news/opinion/trade-winds-to-limit-china-import-dependence-india-must-look-outwards-8129661.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/opinion/trade-winds-to-limit-china-import-dependence-india-must-look-outwards-8129661.html?utm_source=telegram&utm_medium=social
Moneycontrol
Trade winds | To limit China import dependence, India must look outwards
India’s trade deficit with China rose by 58 percent in 2021. Instead of being obsessed with lowering imports from China, India should aim to increase its share of world trade
While the latest numbers on the govt's finances continue to show the Centre is on track to meet its revised #fiscal deficit target of 6.9% of #GDP for FY22, February saw a sharp rise in the #deficit.
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https://www.moneycontrol.com/news/business/economy/centres-fiscal-deficit-jumps-to-82-7-of-fy22-target-in-april-2021-february-2022-8302031.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/business/economy/centres-fiscal-deficit-jumps-to-82-7-of-fy22-target-in-april-2021-february-2022-8302031.html?utm_source=telegram&utm_medium=social
Moneycontrol
Centre's fiscal deficit jumps to 82.7% of FY22 target in April 2021-February 2022
The fiscal deficit rose sharply in February, having amounted to 58.9 percent of the full-year target in April 2021-January 2022.