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9th August 2016 Current Affairs Questions and Answers

9th August 2016 Current Affairs MCQs, Quiz, Questions : Current Affairs for August 2016 ,  Daily Multiple Choice Questions (MCQs) for In...

Government achieves Fiscal Targets for FY 2015-16

Government has Achieved its Fiscal Targets for the Financial Year 2015-16.
  • As per initial estimates, the fiscal deficit for 2015-16 is expected to be within 3.9 percent. 
  • the Receipts of Tax Revenues are also on track and the 2015-16 Revised Estimate 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 Revised Estimate has also been achieved.
  • Plan Expenditure for 2015-16 is expected to be around Rs. 4,70,000 crore. This is higher than the Plan Budgetary Estimate of 2015-16 and also higher the actual plan expenditure in 2014-15.