The RBI MPC revised the GDP growth estimate to 6.1 percent from the earlier 6.9 percent.
The Reserve Bank of India's Monetary Policy Committee cut the repo rate by 25 basis points to 5.15 percent on October 4. The MPC also revised the GDP growth estimate to 6.1 percent from the earlier 6.9 percent.
This has raised concerns about the government not being able to meet its fiscal deficit target.Shraddha Sharma chats with Moneycontrol Deputy Executive Editor Ravi Krishnan to find out what is the fuss surrounding fiscal deficit.The Great Diwali Discount!
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