Fiscal deficit at 5.1% aggressive target: Shankar Sharma
Thu, Feb 1, 2024 4:24 PM

Fiscal deficit at 5.1% aggressive target: Shankar Sharma

A Flip by Shubhangi Gupta
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The government's fiscal deficit target of 5.1% for FY25 is fairly aggressive and there could be a reduction in capex spends if revenue falls short, according to market expert Shankar Sharma. In the Interim Budget 2024, FM Nirmala Sitharaman proposed to raise capital expenditure — the fourth consecutive year of upward revision — by 11.1% on-year to Rs 11.11 lakh crore, which is 3.4% of the GDP.

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