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What fiscal deficit target has the Indian government set for FY25 as a percentage of GDP, and what is one reason for the lower deficit in H1 FY25?

Q: Answer-What fiscal deficit target has the Indian government set for FY25 as a percentage of GDP, and what i...

The Indian governments fiscal deficit target for FY25 is 4.9 of GDP. The fiscal deficit for H1 FY25 was lower due to early RBI dividends and a year-on-year decline in capital expenditure.

A 5.0%, due to increased exports

B 6.0%, due to higher GST collections

C 4.9%, due to early RBI dividends and reduced capital expenditure

D 3.5%, due to decreased government spending

E 4.0%, owing to higher disinvestment proceeds

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What fiscal deficit target has the Indian government set for FY25 as a percentage of GDP, and what is one reason for the lower deficit in H1 FY25?

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