‘Fiscal discipline translates to stimulus’3 min read . Updated: 01 Feb 2023, 12:30 AM IST
Fiscal deficit at the end of November 2022 stood at 58.9% of the budget estimate, lower than the five-year moving average of 104.6% of budget estimate during the same period.
NEW DELHI : The fiscal discipline followed by the government lowers the cost of capital for all sections of society, freeing up resources for a future stimulus, according to the Economic Survey 2022-23 tabled in Parliament by finance minister Nirmala Sitharaman.
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