Slow Economy Despite Stock Market Boom; Fiscal Deficit Projected To Be 12.5%

by Rahul Gautam Jan 22, 2021 • 06:52 PM Views 1016

India's stock markets hit the 50,000-mark for the first time; despite that, the economy is in bad shape. The Reserve Bank of India has projected that the country's fiscal deficit will be 12.5% of GDP in FY 2020-21 over 7% from last year