Budget 2020: Invoking Fiscal ‘Escape Clause’ May Allow RBI To Buy Government Bonds Directly
An emergency escape sign. (Source: Pixabay)

Budget 2020: Invoking Fiscal ‘Escape Clause’ May Allow RBI To Buy Government Bonds Directly

The central government is widely expected to miss its 3.3 percent fiscal deficit target for 2019-20, with the breach likely to be announced in the upcoming budget presentation on Saturday.Lower tax...
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