It had earlier forecast FY21 fiscal deficit of states to be at 4.5 per cent but revised it later due to a sharper-than-expected contraction of 6.1 per cent y-o-y in the nominal GDP.from Economy-News-Economic Times https://ift.tt/2N90BBZ
Monday, February 15, 2021
States' fiscal deficit to narrow to 4.3 percent of GDP in FY22, says India Ratings Report
It had earlier forecast FY21 fiscal deficit of states to be at 4.5 per cent but revised it later due to a sharper-than-expected contraction of 6.1 per cent y-o-y in the nominal GDP.from Economy-News-Economic Times https://ift.tt/2N90BBZ
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