EXCLUSIVE | Centre#39;s FY20-21 fiscal deficit likely to be around 7% of GDP

It should be remembered that the fiscal deficit will be a percentage of a lower nominal GDP than the Rs 225 lakh crore that the last budget had assumed for 2020-21. The target for the year, set before the pandemic, was 3.5% of nominal GDP

from Moneycontrol Latest News https://www.moneycontrol.com/news/tax/exclusive-|-centre39s-fy20-21-fiscal-deficit-likely-to-be-around-7gdp_14633421.html