States' fiscal deficit to moderate to 4.1 pc of GDP in FY'22: India Ratings

In line with the slight moderation in its forecast for fiscal deficit in FY22, the agency expects the aggregate debt/GDP ratio to come in lower at 32.4 per cent in FY22 as against the previous estimate of 34 per cent.

from Economy-News-Economic Times https://ift.tt/3sTf5q0