BusinessElection Handouts Threaten Government Plan To Check Budget Deficits
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Election Handouts Threaten Government Plan To Check Budget Deficits
Government risks missing fiscal targets for second consecutive year
Economists predict fiscal gap of 3.5% of GDP in 2018-19
Finance Minister Arun Jaitley to present budget on February 1
Speculation is mounting of possible cash handouts to farmers
Less than a month before the budget, risks are growing that the government will miss fiscal targets for a second year in a row as it gives in to populist pressures before a high-stakes election.