Healthy revenues, failing disinvestment, and rise in nominal GDP may take fiscal deficit from the Budgeted 6.8% of GDP to anywhere between 6.9% and 7.3%
Five years after demonetisation, the share of high-denomination currency notes in the economy remains the same as it was in the pre-demonetisation period
With revenues set to exceed the annual target by Rs 2 trillion, a softer revenue loss that boosts consumption will provide immense relief, especially to lower income households
There will always be a gap between actual inflation and household expectation. Yet the latter is broadly indicative of trends and is a critical input for controlling prices
Govt's food storekeeper is procuring twice the quantity national welfare schemes need. It is aware of the problem, and may soon find newer ways to dispose available stocks
While there was no need for subsidy in the low-oil-price phase of 2020, LPG prices have zoomed in 2021. But the Centre has not transferred subsidy at any point this year
An analysis of 17 states shows that while states' revenue spending in April-June 2021 was 14% higher than the same period in 2019, own revenues were 8% lower
In a quarter affected by the second wave, India saw record personal income tax collection at nearly twice that collected in Q1FY21, and 26% more than Q1FY20
A third of villages don't have piped supply infra, another third does, but tap provision work to households hasn't yet begun. Govt has promised to spend Rs 50,000 cr to expedite the scheme
While IPCC says that warming by at least 1.2 degree Celsius seems inevitable by end of century, 0.6 degree Celsius rise over a century has increased the frequency of extreme rains and floods