(MENAFN- Live Mint) "New Delhi: A potential overshooting on expenses due to increasing spending on subsidies, welfare and developmental schemes coupled with lower-than-expected proceeds from divestment could hinder the government's efforts to meet its fiscal deficit target of 5.9% of GDP for FY24. Mint explains the steps the government is taking to contain the fiscal deficit and the implications if it doesn't meet the target.
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.