March 29, 2024 19:54 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
PM Modi to kickstart BJP's Lok Sabha poll campaign from Meerut | Kangana Ranaut in Mandi: 'Don't think I am a heroine, consider me as your sister and daughter' | Mayawati, Akhilesh Yadav demand high-level probe into Mukhtar Ansari's death | PM Modi has mastered art of manipulating democracy, hurting Constitution: Mallikarjun Kharge | Mafia-turned-politician Mukhtar Ansari dies of cardiac arrest at 63

Government achieves fiscal targets for 2015-16: Finance Ministry

India Blooms News Service | | 02 Apr 2016, 02:30 pm
New Delhi, Apr 2 (IBNS) The Union finance ministry announced on Friday that the Unrion government has achieved its fiscal targets for fiscal year 2015-16.
As per initial estimates, the fiscal deficit for 2015-16 is expected to be within 3.9 percent.
 
Receipts of tax revenues are also on track said the ministry and the 2015-16 revised estimates (RE) targets are expected to be fully met when the bank scrolls are fully accounted for. 
 
The disinvestment target of Rs. 25,000 crore vide 2015-16 RE has also been achieved, the ministry informed. 
 
According to the finance ministry, plan expenditure for 2015-16 is expected to be around Rs. 4,70,000 crore, which is higher than the Plan budget estimates of 2015-16 and also higher than the actual plan expenditure in 2014-15. 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.