CARE Ratings has revised downwards its projection of the Centre’s fiscal deficit to 7.8 % of GDP during FY21 against its earlier estimate of 9-9.5 %. The combined effect of lower revenues & higher expenditure is likely to push the fiscal deficit to 7.8% of GDP.
WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class
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