The economic situation justifies an increase in public spending; the policy challenge is to minimize the decline in growth India's...
Fiscal deficit
The fiscal deficit for the year 2021 can reach 8% of GDP The Centre's fiscal deficit in the first three...
Manufacturing activity in India contracted for the third consecutive month in June, but at a much slower pace, as demand...
Led by a sharp drop in tax revenue, India's Fiscal deficit increased sharply to 4.6% of GDP in 2019-2020, from...