Fiscal deficit on track despite lower GDP growth projection for FY25

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The Budget had assumed nominal GDP to grow 10.

Fiscal deficit on track despite lower GDP growth projection for FY25The Budget had assumed nominal GDP to grow 10.

The capex target of Rs 11.1 trillion for FY25 is likely to be missed by a margin of at least Rs 1–1.5 trillion, according to experts.

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Category: BusinessFinance

Markets: India

Topics: Gross domestic product GDP growth Fiscal deficit Union Budget

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-07 @ 20:48:36 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 498 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24961696

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 288 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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