Friday, 26 October 2018

Dear Friends,

We are pleased to invite you for the Hungarian Film Days which will take place in various venues in Delhi. Please find attached the invite for the same. 

Delhi Chapter HFD.jpg

With kind regards,

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HARLEEN AHLUWALIA
Senior PR & Marketing Officer
Hungarian Information and Cultural Centre,
Embassy of Hungary, New Delhi 
2/50 M, Niti Marg, Chanakyapuri, New Delhi 110 021
Tel: +91 11 2688 1135
Mob: +91 98100 40261

DCS 2018 is the truly multilateral summit of its kind in South Asia! Register Now!

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September 2018 fiscal deficit stands at 95.3 % of actuals to BEs

The gross fiscal deficit of the Central government stands at 95.3% of the actuals to budget estimates (BEs) at the end of September 2018 as compared to 91.3% of the actuals to budget estimates in the corresponding period of the previous year. The primary deficit was registered at 699.9% of the actuals to budget estimates at the end of September 2018 as compared to 1164.7% of the actuals to budget estimates during corresponding period of the previous year.

Differentials in use of fiscal deficit space at the end of September 2018 vis-à-vis September 2017 (in%)
          Source: PHD Research Bureau, compiled from Government of India accounts, Government of India
Note: The Fiscal deficit data pertains to the end of the respective month * indicates data at the end of respective financial year and are % of actuals to revised estimates         

The revenue receipts at the end of September 2018 of the central government stands at 40.1% of the actuals to budget estimates as compared with 41.1% of the actuals to budget estimates at the end of September 2017.

Fiscal position for September 2018 vis-à-vis September 2017
Month
% of Actuals to Budget EstimatesFY2019*
% of Actuals to Budget EstimatesFY2018*
% of Actuals to Budget Estimates FY2017*
% of Actuals to Budget Estimates FY2016*
April
24.3
37.6
25.7
23
May
55.3
68.3
42.9
37.5
June
68.7
80.8
61.1
51.6
July
86.5
92.4
73.7
69.3
August
94.7
96.1
76.4
66.5
September
95.3
91.3
83.9
68.1
October
96.1
79.3
74
November
112
85.8
87
December
113.6
93.9
87.9
January
113.7
105.7
95.8
February
120.23
113.4
107.1
March

99.5
100.1
99.5
                                 Source: PHD Research Bureau, compiled from Union Government Accounts, Government of India
 Note: * Data pertains to the end of the respective month. *indicates data at the end of respective financial year and are % of actuals to revised estimates

The government’s market borrowing stands at 86% of the actuals to budget estimates at the end of September 2018 as compared with 109% of the actuals to budget estimates at the end of September 2017. The domestic financing stands at 96% of the actuals to budget estimates at the end of September 2018 as compared to 93% of the actuals to budget estimates at the end of September 2017. The external financing of the government stands at 281% of the actuals to budget estimates at the end of September 2018 as against 34% of the actuals to budget estimates at the end of September 2017. The total financing of the central government stands at 95% of the actuals to budget estimates at the end of September 2018 as against 91% of the actuals to budget estimates at the end of September 2017.

Sources of financing the deficit                                                                     (%)
                             Source: PHD Research Bureau, compiled from Union Government Accounts

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