Experts expect FM to set 5.3% fiscal deficit target for FY25

Economists at Icra and Barclays expect the government to set a fiscal deficit target of 5.3% for FY24-25 in line with the fiscal consolidation plan. The government will refrain from major announcements in the interim budget before the general elections. Icra predicts a ₹10.2 lakh crore capex target.

Experts expect FM to set 5.3% fiscal deficit target for FY25

Economists at Icra and Barclays expect the government to set a fiscal deficit target of 5.3% for FY24-25 in line with the fiscal consolidation plan. The government will refrain from major announcements in the interim budget before the general elections. Icra predicts a ₹10.2 lakh crore capex target.