Difficult for Modi government to maintain 3.4 per cent fiscal deficit in FY 2020: Moody’s

Observing that Indian government's debt is "stubbornly high" as a percentage of GDP, Moody's Investors Service Managing Director, Sovereign Risk Group, Gene Fang said it could be brought down only if the Centre sticks to the fiscal consolidation path.

from The Financial ExpressThe Financial Express http://bit.ly/2WDBfMH
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