💨 Abstract
The Emkay Research report predicts that the Indian government will maintain a fiscal deficit target of 4.5% of GDP in FY26, while states aim for a deficit of 3% (+/- 0.2%). The center's fiscal deficit for the first eight months of FY25 was contained at 52% of the full-year target, due to slower expenditure growth.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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