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Fiscal Deficit Target For 2018-18 Set To Be Missed, Says India Ratings

Government expected to miss disinvestment target of Rs 80,000 crore in 2019, India Ratings said.
Government expected to miss disinvestment target of Rs 80,000 crore in 2019, India Ratings said.
MUMBAI: The fiscal deficit target for the year ending March 2019 is set to be missed due to a shortfall in revenues and lower-than-targeted disinvestment proceeds, India Ratings and Research said on Monday. The country's 2019 fiscal deficit target has been pegged at 3.3 per cent of its gross domestic product (GDP) or Rs 6.24 lakh crore ($88.45 billion). But the credit rating agency estimated fiscal deficit at Rs 6.67 lakh crore - or ...
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