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Mint Explainer: How Does The Government Plan To Meet Its Fiscal Deficit Target?


(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.

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