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Updated on: February 01, 2020 20:31 IST

Budget 2020: Fiscal deficit at 3.8 % for FY20, estimation of 3.5% for FY21, says FM Sitharaman

While presenting Union Budget 2020-21 in Parliament, Finance Minister Nirmala Sitharaman announced that the fiscal deficit for year 2019-20 was 3.8. She said,"We estimate a fiscal deficit of 3.8% in RE 2019-20 and 3.5% for BE 2020-21." She further added,"We have estimated nominal growth of GDP for the year 2020-21 on the trends available, at 10%."

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