India braces for deficit blowout, higher borrowing: Budget guide

Finance Minister Nirmala Sitharaman is set to outline fiscal steps that may include higher spending in rural areas and possible tax cuts when she delivers her second budget speech in New Delhi. The government is expected to widen its budget deficit target for the year through March to 3.8% of gross domestic product from a planned 3.3%.

from Economy-News-Economic Times https://ift.tt/38URsT4