India Faces ‘Silent Fiscal Crisis,’ Modi Adviser Says
Guards are seen at the entrance of Finance Ministry office in the North Block, New Delhi, India. (Photographer: Anirudh Saligrama/BloobergQuint)

India Faces ‘Silent Fiscal Crisis,’ Modi Adviser Says

(Bloomberg) -- India is facing a silent fiscal crisis owing to a shortfall in tax revenues, and the government’s budget suggests it may have grossly underestimated the problem.
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