Farm support measures to increase states' fiscal deficit in election year: India Ratings and Research
Updated : January 21, 2019 04:56 PM IST
In its report, the Fitch group company has maintained a stable outlook on the finances of Indian states for 2019-20.
The agency expects the aggregate fiscal deficit of states to come in higher at 3.2 percent in 2019-20 than its forecast of 2.8 percent in the 2018-19 Mid-Year Outlook.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more