The report highlights that the reduction in fiscal deficit is because of moderate growth in tax revenues and stable government spending
Read MoreThe government is likely to temper down its borrowing compared to the amount pencilled in the interim budget estimates, depending on the magnitude of reduction in the fiscal deficit number
Read MoreCapital expenditure provides a bigger and higher quality bang for the buck via 3x higher multiplier and should continue to keep India in good stead vis a vis the rest of the world
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