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Economy

FY21 fiscal deficit seen around 7% of GDP

Updated : October 22, 2020 08:59 AM IST

The sources are expecting 'at least' a 2 percent decline in revenue receipts this fiscal.
Instead of a 3-year timeframe, the government could look at a 5-year fiscal framework for achieving the 3 percent fiscal deficit target.
FY21 fiscal deficit seen around 7% of GDP

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