💨 Abstract

Finance Secretary Tuhin Kanta Pandey stated that the government aims to reduce fiscal deficit, deliver a non-inflationary budget, and align monetary policy with fiscal policy to support growth. He added that while rupee depreciation increases inflation from imported inputs, it also enhances export competitiveness. The government has improved its fiscal deficit projections for the current and following fiscal years.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖