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Budget 2021: India Pegs FY22 Fiscal Deficit At 6.8%
Feb 01 2021, 7:45 PM
February 01 2021, 11:43 AM
February 01 2021, 7:45 PM
India’s fiscal deficit for the ongoing financial year will the highest since at least liberalisation in 1991.The country’s fiscal deficit settled at 9.5% in 2020-21 and will be targeted at 6.8% in 2021-22, Finance Minister Nirmala Sitharaman announced in her Budget 2021 speech.The central government had pegged the fiscal deficit at 3.5% for FY21 in the last budget before the onset of the Covid-19 crisis. The pandemic inflicted twin p.
India’s fiscal deficit for the ongoing financial year will the highest since at least liberalisation in 1991.
The country’s fiscal deficit settled at 9.5% in 2020-21 and will be targeted at 6.8% in 2021-22, ....

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