New Delhi: Fitch Solutions<\/a> on Monday said the schemes recently announced by the Centre to boost the employment, credit and manufacturing sectors would be supportive to India's economic rebound over the coming quarters, however, the actual impact on public finances is difficult to ascertain.

\"While many of these schemes should be supportive to India's economic rebound over the coming quarters, the actual impact on public finances is difficult to ascertain. For example, the PLIs (Production-Linked Incentive) will span across a five-year period and their
fiscal impact<\/a> will likely only be seen from FY2021\/22 onward,\" an official statement from Fitch Solutions stated.

\"We maintain our forecast for a central fiscal deficit of 7.8 per cent of GDP in FY2020\/21, which already accounts for more central government borrowing than is currently been targeted at Rs 13 trillion,\" Fitch Solutions added.

The Union Cabinet on Wednesday approved PLI scheme in 10 key sectors including pharmaceutical drugs and automobiles and auto components to enhance India's manufacturing capabilities and export.

The approved financial outlay for the 10 sectors over five-year period is Rs 1,45,980 crore.

\"Estimating using the outright fiscal outlays from this announcement, '
Stimulus 3.0<\/a>' appears to suggest additional expenditure of Rs 1 trn (0.44 per cent of FY2019\/20 GDP), not including EPFO subsidies. Moreover, the announcement did not outline any additional borrowing to finance these additional spending, which suggests a reallocation of FY2020\/21 budget expenditure plans instead,\" stated Fitch Solutions.

Union Minister
Prakash Javadekar<\/a> earlier said the PLI scheme will also help in creating jobs.

The 10 sectors identified under the scheme are--Advanced chemistry cell (ACC) battery (approved financial outlay over a five year period of Rs 18,100 crore), electronic\/technology products (approved financial outlay Rs 5,000 crore), automobile and auto component (Rs 57,042 crore), pharmaceuticals and drugs (Rs 15,000 crore), telecom and networking products (12,195 crore), textile products (Rs 10,683 crore), food products (Rs 10,900 crore), high efficiency solar photovoltaic modules (Rs 4,500 crore), white goods (ACs and LEDs) (Rs 6,238 crore) and specialty steel (Rs 6,322 crore).
<\/p><\/body>","next_sibling":[{"msid":79245262,"title":"Young smartphone brand Realme grows 132% in Q3 globally","entity_type":"ARTICLE","link":"\/news\/young-smartphone-brand-realme-grows-132-in-q3-globally\/79245262","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"79244155","title":"stimulus","entity_type":"IMAGES","seopath":"news\/economy\/policy\/indias-stimulus-3-0-supportive-for-growth-fiscal-impact-unclear-fitch-solutions\/stimulus","category_name":"Stimulus 3.0 supportive for growth but fiscal impact unclear: Fitch Solutions","synopsis":"The approved financial outlay for the 10 sectors over five-year period is Rs 1,45,980 crore.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-171651\/79244155.cms?width=150&height=112","link":"\/image\/economy\/policy\/indias-stimulus-3-0-supportive-for-growth-fiscal-impact-unclear-fitch-solutions\/stimulus\/79244155"}],"msid":79245734,"entity_type":"ARTICLE","title":"India's stimulus 3.0 supportive for growth, fiscal impact unclear: Fitch Solutions","synopsis":"\"We maintain our forecast for a central fiscal deficit of 7.8 per cent of GDP in FY2020\/21, which already accounts for more central government borrowing than is currently been targeted at Rs 13 trillion,\" Fitch Solutions said.\u200b","titleseo":"telecomnews\/indias-stimulus-3-0-supportive-for-growth-fiscal-impact-unclear-fitch-solutions","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":107,"shares":0,"engagementtimems":531000},"Alttitle":{"minfo":""},"artag":"ANI","artdate":"2020-11-16 15:43:58","lastupd":"2020-11-16 15:44:49","breadcrumbTags":["Stimulus 3.0","Fitch Solutions","fiscal impact","Economic growth","Prakash Javadekar","indian economy","Industry"],"secinfo":{"seolocation":"telecomnews\/indias-stimulus-3-0-supportive-for-growth-fiscal-impact-unclear-fitch-solutions"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2020-11-16" data-index="article_1">

印度的经济刺激3.0支持增长,财政的影响不清楚:惠誉的解决方案

“我们维护我们的预测在FY2020/21中央财政赤字占GDP的7.8%,这已经占中央政府借贷超过目前针对Rs 13万亿,”惠誉表示解决方案。

  • 2020年11月16日更新是03:44点
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新德里消息:惠誉的解决方案周一表示,计划中心最近宣布的刺激就业,信贷和制造业将支持印度的经济在未来几个季度反弹,然而,对公共财政的实际影响是很难确定的。

“虽然这些计划应该支持印度的经济在未来几个季度反弹,对公共财政的实际影响是很难确定的。例如,刺(根据激励)将跨五年,他们的财政的影响可能只会从FY2021/22以后,“Fitch Solutions的官方声明。

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“我们维护我们的预测在FY2020/21中央财政赤字占GDP的7.8%,这已经占中央政府借贷超过目前针对Rs 13万亿,”惠誉解决方案补充道。

联合内阁周三批准PLI计划在10个关键领域包括药品和汽车和汽车零部件提高印度的制造能力和出口。

经批准的财务支出10个行业五年段是Rs 1, 45980卢比。

“估计使用直接财政支出从这个声明,“刺激3.0“似乎表明附加费用达到新高:1 Rs (FY2019/20 GDP的0.44%),不包括EPFO补贴。此外,公告没有列出任何额外借贷融资这些额外的支出,这表明FY2020/21重新分配预算支出计划相反,”惠誉的解决方案。

联盟的部长普拉卡什Javadekar早些时候说,PLI计划也将帮助创造就业机会。

下的10个行业确定方案,先进的化学电池(ACC)(批准财务支出五年一段18100卢比),电子/技术产品(批准财务支出5000卢比),汽车和汽车组件(57042卢比),药品和毒品(15000卢比),电信和网络产品(12195卢比),纺织品(10683卢比),食品(10900卢比),高效太阳能光伏模块(4500卢比),白色家电(ACs和led)(6238卢比)和特种钢(6322卢比)。

  • 发布于2020年11月16日下午03:43坚持
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New Delhi: Fitch Solutions<\/a> on Monday said the schemes recently announced by the Centre to boost the employment, credit and manufacturing sectors would be supportive to India's economic rebound over the coming quarters, however, the actual impact on public finances is difficult to ascertain.

\"While many of these schemes should be supportive to India's economic rebound over the coming quarters, the actual impact on public finances is difficult to ascertain. For example, the PLIs (Production-Linked Incentive) will span across a five-year period and their
fiscal impact<\/a> will likely only be seen from FY2021\/22 onward,\" an official statement from Fitch Solutions stated.

\"We maintain our forecast for a central fiscal deficit of 7.8 per cent of GDP in FY2020\/21, which already accounts for more central government borrowing than is currently been targeted at Rs 13 trillion,\" Fitch Solutions added.

The Union Cabinet on Wednesday approved PLI scheme in 10 key sectors including pharmaceutical drugs and automobiles and auto components to enhance India's manufacturing capabilities and export.

The approved financial outlay for the 10 sectors over five-year period is Rs 1,45,980 crore.

\"Estimating using the outright fiscal outlays from this announcement, '
Stimulus 3.0<\/a>' appears to suggest additional expenditure of Rs 1 trn (0.44 per cent of FY2019\/20 GDP), not including EPFO subsidies. Moreover, the announcement did not outline any additional borrowing to finance these additional spending, which suggests a reallocation of FY2020\/21 budget expenditure plans instead,\" stated Fitch Solutions.

Union Minister
Prakash Javadekar<\/a> earlier said the PLI scheme will also help in creating jobs.

The 10 sectors identified under the scheme are--Advanced chemistry cell (ACC) battery (approved financial outlay over a five year period of Rs 18,100 crore), electronic\/technology products (approved financial outlay Rs 5,000 crore), automobile and auto component (Rs 57,042 crore), pharmaceuticals and drugs (Rs 15,000 crore), telecom and networking products (12,195 crore), textile products (Rs 10,683 crore), food products (Rs 10,900 crore), high efficiency solar photovoltaic modules (Rs 4,500 crore), white goods (ACs and LEDs) (Rs 6,238 crore) and specialty steel (Rs 6,322 crore).
<\/p><\/body>","next_sibling":[{"msid":79245262,"title":"Young smartphone brand Realme grows 132% in Q3 globally","entity_type":"ARTICLE","link":"\/news\/young-smartphone-brand-realme-grows-132-in-q3-globally\/79245262","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"79244155","title":"stimulus","entity_type":"IMAGES","seopath":"news\/economy\/policy\/indias-stimulus-3-0-supportive-for-growth-fiscal-impact-unclear-fitch-solutions\/stimulus","category_name":"Stimulus 3.0 supportive for growth but fiscal impact unclear: Fitch Solutions","synopsis":"The approved financial outlay for the 10 sectors over five-year period is Rs 1,45,980 crore.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-171651\/79244155.cms?width=150&height=112","link":"\/image\/economy\/policy\/indias-stimulus-3-0-supportive-for-growth-fiscal-impact-unclear-fitch-solutions\/stimulus\/79244155"}],"msid":79245734,"entity_type":"ARTICLE","title":"India's stimulus 3.0 supportive for growth, fiscal impact unclear: Fitch Solutions","synopsis":"\"We maintain our forecast for a central fiscal deficit of 7.8 per cent of GDP in FY2020\/21, which already accounts for more central government borrowing than is currently been targeted at Rs 13 trillion,\" Fitch Solutions said.\u200b","titleseo":"telecomnews\/indias-stimulus-3-0-supportive-for-growth-fiscal-impact-unclear-fitch-solutions","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":107,"shares":0,"engagementtimems":531000},"Alttitle":{"minfo":""},"artag":"ANI","artdate":"2020-11-16 15:43:58","lastupd":"2020-11-16 15:44:49","breadcrumbTags":["Stimulus 3.0","Fitch Solutions","fiscal impact","Economic growth","Prakash Javadekar","indian economy","Industry"],"secinfo":{"seolocation":"telecomnews\/indias-stimulus-3-0-supportive-for-growth-fiscal-impact-unclear-fitch-solutions"}}" data-news_link="//www.iser-br.com/news/indias-stimulus-3-0-supportive-for-growth-fiscal-impact-unclear-fitch-solutions/79245734">