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FY25 Fiscal Deficit at 4.8% on Higher Nominal GDP
The New Indian Express Chennai
|May 31, 2025
2% higher nominal GDP than first advanced estimate brought down fiscal deficit ratio
WITH provisional nominal GDP numbers for FY25 at ₹330.68 lakh crore, the Centre was able to contain the fiscal deficit at 4.8% -- same as the revised budget estimate -- in the financial year.
This story is from the May 31, 2025 edition of The New Indian Express Chennai.
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