ICRA projects India's fiscal deficit at 10.4 % in FY2022
In the base case for FY23, Icra said it estimates the Centre's fiscal deficit moderating to ₹15.2 trillion, or 5.8% of GDP.
Source: businesstoday.in
Stay updated with breaking news from Second Supplementary Demand. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In the base case for FY23, Icra said it estimates the Centre's fiscal deficit moderating to ₹15.2 trillion, or 5.8% of GDP.
A miss in the disinvestment target may cause the fiscal deficit to rise at Rs 16.6 lakh crore or 7.1 per cent of the GDP in the current financial year