Analysts expect FM Nirmala Sitharaman to trim FY24 fiscal deficit to 6% or lower

Given the fact that this will be the last full Budget of the present government, there may be a temptation to make it into an expansionist one. In the two years following the pandemic, the fiscal deficit -- one of the key parameters while assessing macroeconomic stability which also influences inflation -- went up till 9.3 per cent.

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