Mehra Media News
  • होम पेज
  • भारत
    • पंजाब
  • विदेश
  • दुकानSale
  • मनोरंजन
  • वीडियो गैलरी
    • All
    • पंजाबी गाने
    • हिंदी गाने

    Sira E Hou – Amrit Maan (Official Video) Nimrat Khaira | Latest Punjabi Songs| New Punjabi Songs

    Birthday Wish | Gurnazar | Birthday Special | Latest Punjabi Songs 2020 | Speed Records

    Sin Sidhu Moose wala, new punjabi song 2021, jatt di jawani vich tu mithiye

    Munda Maana Da | Korala Maan | New Punjabi Song 2021 | Official Video | Latest Punjabi Song

    Chosen (Full Video) – Raman Romana | Sidhu Moose Wala | New Punjabi Song 2021 | Valentine Song 2021

    Zakham (Official Video) | Afsana Khan Ft Kunwarr | Latest Punjabi Songs 2021 | Planet Recordz

    Viah De Vaade – Navjeet | Official Music Video | Latest Punjabi Song 2021

    Golu Majhe Wala (Full Video) Golu | A True Story | Latest Punjabi Songs 2021 | Makers Teshan

    Black Karda : Kamal Khan (Official Video) Gurlez Akhtar | Nischay Records | Latest Punjabi Songs

  • धर्म
  • हेल्थ
  • बिजनेस
  • खेल
  • टेक्नॉलॉजी
  • लाइफस्टाइल
  • क्राइम
  • English News
No Result
View All Result
  • होम पेज
  • भारत
    • पंजाब
  • विदेश
  • दुकानSale
  • मनोरंजन
  • वीडियो गैलरी
    • All
    • पंजाबी गाने
    • हिंदी गाने

    Sira E Hou – Amrit Maan (Official Video) Nimrat Khaira | Latest Punjabi Songs| New Punjabi Songs

    Birthday Wish | Gurnazar | Birthday Special | Latest Punjabi Songs 2020 | Speed Records

    Sin Sidhu Moose wala, new punjabi song 2021, jatt di jawani vich tu mithiye

    Munda Maana Da | Korala Maan | New Punjabi Song 2021 | Official Video | Latest Punjabi Song

    Chosen (Full Video) – Raman Romana | Sidhu Moose Wala | New Punjabi Song 2021 | Valentine Song 2021

    Zakham (Official Video) | Afsana Khan Ft Kunwarr | Latest Punjabi Songs 2021 | Planet Recordz

    Viah De Vaade – Navjeet | Official Music Video | Latest Punjabi Song 2021

    Golu Majhe Wala (Full Video) Golu | A True Story | Latest Punjabi Songs 2021 | Makers Teshan

    Black Karda : Kamal Khan (Official Video) Gurlez Akhtar | Nischay Records | Latest Punjabi Songs

  • धर्म
  • हेल्थ
  • बिजनेस
  • खेल
  • टेक्नॉलॉजी
  • लाइफस्टाइल
  • क्राइम
  • English News
No Result
View All Result
Mehra Media
No Result
View All Result
Home बिजनेस

India’s fiscal deficit likely to be over 7% in 2020-21

Mehra Media Team by Mehra Media Team
January 7, 2021
in बिजनेस
0
492
SHARES
1.4k
VIEWS
Share on FacebookShare on TwitterShare on Email


NEW DELHI: India’s fiscal deficit for yr ending in March is prone to be over 7% of gross home product, three sources informed Reuters, as income collections suffered from a lockdown and restrictions to rein within the unfold of Covid-19.
India’s authorities had projected a fiscal deficit of three.5% of GDP for the present yr final February. It estimated authorities borrowing of Rs 7.8 lakh crore, later revised to Rs 12 lakh crore, to offer aid to thousands and thousands of individuals and companies damage by the pandemic.
A fiscal deficit of greater than 7% can be larger than some personal economists have projected. Lots of them forecast an uptick in tax collections within the second half of the fiscal yr. However authorities sources say the uptick will not be sufficient to compensate for earlier losses.
“The fiscal deficit can be greater than what’s estimated by some … Our income collections suffered as a result of full lockdown within the first three months and that’s laborious to recuperate,” stated a supply with direct data of finances discussions. “What we’re is a 7% plus.”
Two of the sources stated the income shortfall from tax and divestment of state-run corporations may very well be as a lot as Rs 7 lakh crore.
A finance ministry spokesman declined to touch upon the matter. The federal government has but to launch any revised fiscal deficit estimates.
The pandemic and stringent lockdown measures imposed by India within the early levels hit India laborious. Asia’s third largest financial system recorded its first-ever recession with a contraction of 23.9% within the April-June quarter and a 7.5% fall within the September quarter.
India is about to launch its first advance estimates of GDP for the 2020-21 fiscal yr afterward Thursday.
One other senior authorities supply stated authorities funds have been in poor situation due to the shortfall in tax receipts, however the authorities has restricted room to chop spending as revival of the expansion remained high precedence.
“We might see the worst-ever fiscal deficit numbers within the present monetary yr,” stated one other authorities supply with direct data of finances issues, including the fiscal deficit might contact 8% of GDP.
The ultimate fiscal deficit estimates can be introduced by finance minister Nirmala Sitharaman on February 1, when she presents her annual finances for the following monetary yr.



Source link

Tags: deficitfiscalIndias
Mehra Media Team

Mehra Media Team

Related Posts

बिजनेस

उत्तराखंड को मिली नई ट्रेन की सौगात, पूर्णागिरि के बाद अब सिद्धबली जाना होगा

March 4, 2021
बिजनेस

यात्रियों के लिये स्टेशनों पर फिर शुरू होगी यह सुविधा, मंत्रालय ने जोनल रेलवे

March 4, 2021
बिजनेस

रेल यात्रियों के लिए अच्छी खबर! इन रूटों पर चलेंगी 8 अनारक्षित स्पेशल ट्रेनें

March 3, 2021
  • Trending
  • Comments
  • Latest

विराट के भाई विकास ने पैरों की फोटो शेयर की, शर्मा फैमिली के आध्यात्मिक गुरु अनंत नारायण कर सकते हैं नामकरण

January 11, 2021
Ikk Pal Kaka, Full Song, Kaka New Song, New Punjabi Song 2020, Latest New Punjabi Song 2020

Ikk Pal Kaka, Full Song, Kaka New Song, New Punjabi Song 2020, Latest New Punjabi Song 2020

January 8, 2021

Top 10 Morning Bhajans | Super Hit Hindi Devotional Songs Cover | Best Hindi Bhajan From Film

January 11, 2021

Bapu Zimidar | Jassi Gill | Replay ( Return Of Melody ) | Latest Punjabi Songs

0

KHAAB || AKHIL || PARMISH VERMA || NEW PUNJABI SONG 2018 || CROWN RECORDS ||

0

Kadar (Full Song) | Mankirt Aulakh | Sukh Sanghera | Latest Punjabi Songs 2016 | Speed Records

0

HASTHIP® 3 Pack Drill Brush Attachment Set, Scrubber Drill Brush Electric Power Round Cleaning Tool Nylon Brush Set for Bathroom Surfaces Grout Floor Tub Shower Tile Corners Kitchen Automotive Grill

March 5, 2021

Travel Agent business ~ become travel agent from home

March 5, 2021

Round Circle MDF (Pine Wood) 12 inch Board for Art and Craft-2.5mm Thick Unfinished Round Wood Slices for Resin Art, Mandala Art,Pyrography, Painting (Set of 5)

March 5, 2021
Mehra Media News

24x7 Online News From India
Mehra Media is your news, entertainment, music fashion website. We provide you with the latest breaking news and videos straight from the entertainment industry.

Categories

  • क्राइम
  • खेल
  • टेक्नॉलॉजी
  • दुकान
  • धर्म
  • पंजाब
  • पंजाबी गाने
  • बिजनेस
  • भारत
  • मनोरंजन
  • लाइफस्टाइल
  • विदेश
  • हिंदी गाने
  • हेल्थ
No Result
View All Result

Recent Posts

  • HASTHIP® 3 Pack Drill Brush Attachment Set, Scrubber Drill Brush Electric Power Round Cleaning Tool Nylon Brush Set for Bathroom Surfaces Grout Floor Tub Shower Tile Corners Kitchen Automotive Grill
  • Travel Agent business ~ become travel agent from home
  • Round Circle MDF (Pine Wood) 12 inch Board for Art and Craft-2.5mm Thick Unfinished Round Wood Slices for Resin Art, Mandala Art,Pyrography, Painting (Set of 5)

Tags

Amazon International Shopping Arts & Crafts Automotive baby Beauty & Personal Care Books boys Boys' Fashion boys hairstyle CDs & Vinyl clock clothes computer Computers Deals Electronics fashion girl Girls' Fashion girls dresses Health & Household hindi bhajan Home & Kitchen Industrial & Scientific Luggage Mens Mobile Movies & Television music Pet sale Supplies tv watches for girls watches for men women Women's Fashion क धर्म न पर म स स्पेशल भजन ह
  • Home
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact

© 2021 Mehra Media -Online News Media

No Result
View All Result
  • होम पेज
  • भारत
    • पंजाब
  • विदेश
  • दुकान
  • मनोरंजन
  • वीडियो गैलरी
  • धर्म
  • हेल्थ
  • बिजनेस
  • खेल
  • टेक्नॉलॉजी
  • लाइफस्टाइल
  • क्राइम
  • English News

© 2021 Mehra Media -Online News Media