How much more of an increase can we expect in the fiscal pipeline given that government expenditure has been the biggest driver of the economy?
The allocation of Rs 11.1 lakh crore is 3.4% of the GDP, indicating a historically high level of support. In the past three years, we saw increases of 30% and 35%, starting from a level of 1.5% of GDP. Having reached this level of over 3%, maintaining this level, adjusted for nominal GDP growth each year, would be a good target to support.
A rating agency has changed its outlook on India from ‘stable’ to ‘positive’. Has this revived some hopes of a rating upgrade?
هذه القصة مأخوذة من طبعة August 2024 من Outlook Business.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة August 2024 من Outlook Business.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
SHANKAR PRASAD
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