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Moderate risks seen emerging on account of wider deficits: Derrick Kam of Morgan Stanley

Derrick Kam, India economist at Morgan Stanley, says moderate risks are emerging on account of the wider-than-targeted fiscal deficits

8 min read12 May 2018

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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