Unreliable Growth Estimates Prompt India To Drop Expenditure Forecast
Water falls from a fountain as the North Block of the Central Secretariat buildings, which houses the Ministries of Finance and Home Affairs, stands illuminated at night in New Delhi, India. (Photographer: Anindito Mukherjee/Bloomberg)

Unreliable Growth Estimates Prompt India To Drop Expenditure Forecast

The government won't make expenditure projections for the next two years because of “non-robust” GDP estimate as growth assumptions are needed to make a "meaningful" spending forecast.The governmen...
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