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Union Budget
1 Feb 2021
Fiscal deficit soared to 9.5% for FY21 while it has been set at 6.8% for FY22
Owing to higher government borrowing in FY21 to mitigate impact of Corona crisis, fiscal deficit for FY21 surged to 9.5% of GDP as per revised estimation. For next fiscal year it has been pegged at 6.8% of GDP.
Subhasis Mishra
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