With Rs 20-trn package, fiscal deficit to balloon to 7.9% in FY21: Report

"We estimate a 4.5% direct impact on fiscal deficit purely because of revenue shortfall / automatic fiscal stabilizer and a 0.9% indirect effect because of GDP change," the SBI report says

"We estimate a 4.5% direct impact on fiscal deficit purely because of revenue shortfall / automatic fiscal stabilizer and a 0.9% indirect effect because of GDP change," the SBI report says https://ift.tt/3cFhPic May 14, 2020 at 05:55PM