India's fiscal deficit dilemma

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  • 8 years ago
Higher wage bill and public expenditure is likely to force the govt to relax its medium term fiscal consolidation plan, a view endorsed by many economists who met FM Jaitley today. But with Jaitley deferring fiscal consolidation by a year already, further widening of the deficit will have a bearing on fiscal credibility of the Modi sarkar. ET NOW gets you a detailed report on this:

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