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As per the Fitch Solutions, India's fiscal deficit in 2020-21 may shoot up to how much per cent of the GDP from 3.5 per cent government estimate as a fallout of the Covid-19 economic stimulus package?

As per the Fitch Solutions, India's fiscal deficit in 2020-21 may shoot up to how much per cent of the GDP from 3.5 per cent government estimate as a fallout of the Covid-19 economic stimulus package? Correct Answer 6.2

  • India's fiscal deficit in 2020-21 may shoot up to 6.2% of the GDP from 3.5 per cent government estimate as a fallout of the Covid-19 economic stimulus package.
  • This was announced by Fitch Solutions.
  • It has revised the FY2020/21 real GDP growth forecast to 4.6 per cent, from 5.4 per cent previously.

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