Wednesday, March 31, 2021

India's April-Feb fiscal deficit hits 76% of revised full-year target

On Feb. 1, the government revised its fiscal deficit target for the current year that runs through March to 9.5% of gross domestic product (GDP), instead of its original target of 3.5% of GDP as the coronavirus pandemic led to lower tax collection and higher spending.

from Economy-News-Economic Times https://ift.tt/3miS4db

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