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Fiscal Deficit for the Financial Year 2021-22 is estimated at 6.8 percent in BE 2021-22.Thiswas stated by Shri Anurag Singh Thakur, Union Minister of State for Finance Corporate Affairs, in a written reply to a question in Rajya Sabha today. The Minister stated that the restructured fiscal consolidation path aims Government of India Fiscal Deficit reaching below 4.5 per cent of Gross Domestic Product (GDP) by 2025-2026. The Minister further stated that in respect of action to stabilis
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FAQ :
The fiscal deficit for the Financial Year 2021-22 is estimated at 6.8 percent in the Budget Estimate (BE).
The government aims to reach a fiscal deficit below 4.5 per cent of Gross Domestic Product (GDP) by 2025-2026.
The government has announced a special economic and comprehensive package, which includes the Pradhan Mantri Garib Kalyan Yojana (PMGKY) and three Atmanirbhar Bharat packages.
The Union Budget 2021-22 focused on six pillars: Health and Wellbeing; Physical and Financial capital, and infrastructure; Inclusive Development for aspirational India; Reinvigorating Human Capital; Innovation and R&D; and Minimum Government & Maximum Governance.
Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, stated these plans in a written reply in the Rajya Sabha.
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