![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjSPjuUyIXo9vK0E24xdIGWXQE6UDC0C-GPT5frXV5aqWDXCpDvsWSMwno2b3FZkjqEIWHJoHoWkaJQzNCLNnF5M_qE77QqiYrApA5OsxeJPaquyyFe6QfirdNGyKHR7xP5zdPyR1cQrLc/s1080/1604241929764.jpg)
CARE Ratings has revised downwards its projection of the Centre’s fiscal deficit to 7.8 % of GDP throughout FY21 towards its earlier estimate of 9-9.5 %. The mixed impact of decrease revenues & larger expenditure is prone to push the fiscal deficit to 7.8% of GDP.
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Important takeaways for all aggressive exams:
- Care Ratings HQ: Mumbai; CEO:Ajay Mahajan.
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