India's Finance Minister Nirmala Sitharaman on Monday said the government will stick to the fiscal consolidation path despite raising spending on healthcare to face the challenges posed by the coronavirus pandemic.
The government intends to reach a fiscal deficit level below 4.5 percent of GDP by 2025-2026 with a fairly steady decline over the period, she said in her 2021-22 budget speech in the parliament.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com