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flag In July 2024, India's fiscal deficit reached ₹2.77 trillion, or 17.2% of the annual target.

flag As of July 2024, India's fiscal deficit reached ₹2.77 trillion, or 17.2% of the annual target. flag The government aims to reduce the deficit from 5.1% to 4.9% for FY25, reflecting fiscal discipline amid robust GDP growth. flag Enhanced tax revenues and a record RBI dividend have improved fiscal health, despite a 17.6% drop in capital expenditure. flag The government plans to sustain spending on infrastructure and social programs without altering its borrowing strategy.

8 months ago
4 Articles