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Government To Explore Setting Fiscal Deficit Range Under New Framework
Finance Ministry will debate whether to continue with debt as a target in the new FRBM framework.
15 Feb 2021, 08:13 AM IST
The government may take a different approach to fiscal policy in a revised version of the Fiscal Responsibility And Budget Management Act.The government will consider targeting a range for fiscal deficit and in the coming days will debate whether to continue with debt as a target in the new framework or not, said a senior Finance Ministry official. The official said the government will aim to bring amendments to the Fiscal Responsibi...
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