Extra borrowing: FY21 fiscal deficit likely at 5.8%, growth to slip to 0.5% says report

After the government's move to raise its market borrowing programme for the current financial year by Rs 4.2 lakh crore, a foreign brokerage on Monday estimated the fiscal deficit to come at 5.8 per cent of the GDP in FY21 as against the budget target of 3.5 per cent.

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