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'FRBM panel to relax 2017-18 fiscal deficit target to 3-3.5%'

According to Bank of America Merrill Lynch (BofA-ML), the N K Singh Committee would build cyclicality in setting fiscal deficit projections by switching to a target range (3-3.5 percent) from a point target of 3 percent.

first published: Jan 23, 2017 11:46 am

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