💨 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 🤖