Nirmala Sitharaman Press Conference: Finance Minister Says Budget Is Continuation Of Agenda Laid Out Last Year

Nirmala Sitharaman Press Conference: Finance Minister Says Budget Is Continuation Of Agenda Laid Out Last Year
Nirmala Sitharaman, India's finance minister. (Photographer: T. Narayan/Bloomberg)
Finance Minister Nirmala Sitharaman will address a post-budget press conference at 3:45 p.m. today.In her Union Budget 2022 presentation, Sitharaman announced plans to boost spending through higher borrowings from the market. She also lowered the target for asset sales by the government in FY23. As a result, it expects fiscal deficit in FY23 to be at 6.4% of the GDP.
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