Use fiscal leeway to boost spending
The Centre’s fiscal performance in 2020-21 turns out to have been slightly better than the revised estimates (RE). Data released by the Controller General of Accounts (CGA) shows that the fiscal deficit for 2020-21 stood at 9.3% of the gross domestic product (GDP), lower than 9.5% in the RE due to better-than-expected revenue receipts. At […]
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