New Delhi [India], January 17 (ANI): The fiscal deficit in India is expected to shrink continuously, driven by growing tax revenues, according to the latest World Bank report.
The report noted that this trend is anticipated to contribute to fiscal consolidation policies of the government.
It said “In India, fiscal deficits are expected to continue shrinking, largely on account of growing tax revenues”.
The World Bank note
India’s fiscal deficit to shrink continuously amid strong tax revenues: World Bank
