India's FY21 fiscal deficit stood at 9.2% of GDP, better than the revised budget estimate of 9.5%. While it is early to take stock of FY22 fiscal progress, few risks have emerged that need assessment.
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Jun 11, 2021
QuantEco Shots: Expanded expenditure unlikely to dislocate FY22 fiscal math
India’s FY21 fiscal deficit stood at 9.2% of GDP, better than the revised budget estimate of 9.5%. While it is early to take stock of FY22 fiscal progress, few risks have emerged that need assessment.