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Govt may have only ₹20,000 cr for fiscal stimulus: report

May 15, 2020 15:57 IST

Even as the government announced a massive ₹20 lakh crore fiscal stimulus, the question remains on the availability of funds. According to India Ratings chief economist Devendra Kumar Pant, 95% of the enhanced gross borrowings of ₹12 lakh crore can only take care of the revenue shortfall. This would leave as little as ₹20,000 crore for the government to provide fiscal stimulus, the report said.

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