https://www.taxtmi.com/news?id=25021 Fiscal deficit for 2022-23 is estimated at 6.4% of GDP, consistent with a fiscal consolidation path targeting a deficit below 4.5% by 2025-26 while supporting growth through public investment. Capital expenditure is increased by 35.4% to raise central capital outlay to 2.9% of GDP and, with Grants-in-Aid to States, produce an Effective Capital Expenditure of 4.1% of GDP. Market borrowings are planned to meet financing needs. en-us Tue, 01 Feb 2022 13:17:06 +0530 Tue, 01 Feb 2022 13:17:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25021 Fiscal deficit for 2022-23 is estimated at 6.4% of GDP, consistent with a fiscal consolidation path targeting a deficit below 4.5% by 2025-26 while supporting growth through public investment. Capital expenditure is increased by 35.4% to raise central capital outlay to 2.9% of GDP and, with Grants-in-Aid to States, produce an Effective Capital Expenditure of 4.1% of GDP. Market borrowings are planned to meet financing needs. News - Tue, 01 Feb 2022 13:17:06 +0530 https://www.taxtmi.com/news?id=25021