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States to see quality of deficit at its 6-year best in FY25: India Ratings

According to an analysis by economists from India Ratings and Research, the 2024-25 budgets of 26 states presented so far show that their total fiscal deficit target for the next financial year has been set at 3.0 percent of GDP, down from the revised estimate of 3.4 percent for 2023-24

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​ According to an analysis by economists from India Ratings and Research, the 2024-25 budgets of 26 states presented so far show that their total fiscal deficit target for the next financial year has been set at 3.0 percent of GDP, down from the revised estimate of 3.4 percent for 2023-24 According to an analysis by economists from India Ratings and Research, the 2024-25 budgets of 26 states presented so far show that their total fiscal deficit target for the next financial year has been set at 3.0 percent of GDP, down from the revised estimate of 3.4 percent for 2023-24  Moneycontrol Latest News Read More  

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