Business Standard

Friday, December 27, 2024 | 01:04 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Govt is considering a number of steps to ensure there's no fiscal breach

Government has so far maintained that the 3.3% target will be met

rupee
Premium

Arup Roychoudhury New Delhi
The government has so far maintained that the fiscal deficit target for the year will be met, without compromising on capital expenditure. As the exercise for the interim budget 2019-20 begins, policymakers in the finance ministry are considering a number of steps to ensure no fiscal breach. 

Some of them are time-tested. Like rolling over subsidy payments to the first quarter of the next fiscal year, or taking back amounts unspent by various ministries. Some measures, however, may be new. Business Standard has learnt from informed sources that the Centre is considering holding back some portion of goods and services

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in