Published 15:03 IST, January 28th 2024
Gross fiscal deficit likely to stand at 5.4% in FY25: Emkay
According to the note, the govt of India may have to show a sharper pace of consolidation if the FY26 goalpost of 4.5 per cent is to be met.
![October sees 45% fiscal deficit](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/WhatsAppImage2023-11-30at20.39.40-170135708445016_9.webp)
October sees 45% fiscal deficit | Image:
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15:03 IST, January 28th 2024