04/12/2025 6:51 AM

extraordinaryinfo

Delighting finance buffs

nationwide

2 min read

Meeting India’s fiscal deficit target in the current financial year is going to be challenging and the central bank has not yet made a decision on its monetisation, the Reserve Bank of India (RBI) Governor Shaktikanta Das said. India has spent more than a month in a nationwide lockdown, with its industries shut, to stem the coronavirus pandemic that has caused 26,496 infections and 824 deaths, among 2.97 million cases worldwide. “Fiscal measures are important and the government is working on a package of measures,” Das, the central bank chief, told news agency Cogencis in an interview published on Monday. Das said he expected the government to take a judicious and balanced call on the question of the fiscal deficit, while tackling the challenges arising from the pandemic. “Meeting the fiscal deficit target of 3.5 per cent this year (2020/21) is going to be very challenging, and going beyond it becomes unavoidable,” he said, adding that direct tax collections may also be hit. Das did not reply specificall

27/04/2020 10:17 AM Mitchell
Meeting India’s fiscal deficit target in the current financial year is going to be...

You may have missed

Expert Professional Services Tailored to Your Unique Needs
5 min read

Expert Professional Services Tailored to Your Unique Needs

25/11/2025 4:41 AM Mitchell
What You Can Learn From Bill Gates About Bow Tie Funnel
3 min read

What You Can Learn From Bill Gates About Bow Tie Funnel

20/11/2025 4:50 AM Mitchell
CMS for Media Companies: Tools That Streamline Workflow & Publishing
3 min read

CMS for Media Companies: Tools That Streamline Workflow & Publishing

19/11/2025 5:43 AM Mitchell
The High Stakes of Farm Accounting
10 min read

The High Stakes of Farm Accounting

08/11/2025 12:38 AM Mitchell