November 23, 2024 03:38 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'Third World War has begun:' Ex-Ukraine military commander-in-chief Valery Zaluzhny | UK-India Free Trade Agreement negotiations to resume in early 2024 | UK can arrest Benjamin Netanyahu if he visits country based on ICC warrant | Centre to send over 10,000 additional soldiers to violence-hit Manipur amid fresh violence | Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma

Higher PLI allocations, change in tax concessions expected in budget 2022-23; Fiscal deficit likely at 6-6.25 pc: BOB Economics Research

New Delhi/IBNS: Union Budget 2022-23 is expected to come with measures to boost consumption, changes in tax concessions and higher allocation to PLI schemes amid twin challenges of fiscal consolidation and boosting growth, according to FY23 Budget Preview by BOB Economic Research. Further, it pegged the fiscal deficit at 6-6.25 percent in view of these factors along with upcoming state elections and gross borrowing expected to be maintained at Rs 12-13tn, despite higher repayments.