September 16, 2024 5:21 PM
Budget 2024: Fiscal deficit target reduced to 4.9% with focus on consolidation
Union Finance Minister Nirmala Sitharaman announced a fiscal deficit target of 4.9% of GDP for the current fiscal year. This marks a reduction from the 5.1% target set in the Interim Budget presented on February 1, and a decrease from the 5.9% target set for 2023-24, which was later revised to 5.8%....