Budget 2023: FM Nirmala Sitharaman to cut down FY24 fiscal deficit to 6 % or lower, expect Analysts

[BrunGa]

Budget 2023: FM Nirmala Sitharaman to cut down FY24 fiscal deficit to 6 % or lower, expect Analysts Given the fact that this will be the last full Budget of the present government, there may be a temptation to make it into an expansionist one. In the two years following the pandemic, the fiscal deficit -- one of the key parameters while assessing macroeconomic stability which also influences inflation -- went up till 9.3 per cent.