States’ fiscal deficit to almost double in FY21, suggests RBI report
The RBI report gives a grim picture of states' finances, giving a downside rise going forward.
The RBI report gives a grim picture of states' finances, giving a downside rise going forward.
Motilal Oswal had projected that India's headline inflation would remain at six per cent up to July'20, before easing to four per cent by December'20.
The report says unless private spending picks up strongly, real GDP growth over the next decade will be slower, averaging at 5-6 per cent as against 7 per cent in the 2010s.
