Combined fiscal deficit to cross 13%; govt debt to jump over 80% this year: Report

The pandemic-induced growth contraction and additional spending to support the needy amounting to a little over 2% of the economy are likely to push the combined fiscal deficit to 13 per cent of GDP this fiscal - nearly double of the past year, according to a report.

from Economy-News-Economic Times https://ift.tt/3oCiB5X