scorecardresearchIndia aims to keep FY2023 fiscal deficit at last year's level, sources say

India aims to keep FY2023 fiscal deficit at last year's level, sources say

Updated: 23 Jun 2022, 12:20 PM IST
TL;DR.
Efforts to maintain some fiscal discipline reflect New Delhi's concern around risks to its sovereign credit rating, but will likely limit the government's firepower to contain inflation and provide relief to households and businesses.
Prime Minister Narendra Modi. (PTI Photo)

Prime Minister Narendra Modi. (PTI Photo)