CII wants government to stick to fiscal deficit target

The Confederation of Indian Industry (CII) has recommended that the Indian government maintain its fiscal deficit targets of 4.9% of GDP for 2024-25 and 4.5% for 2025-26. CII cautions against more aggressive targets, citing potential negative impacts on economic growth.

Dec 9, 2024 - 05:00

CII wants government to stick to fiscal deficit target

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The Confederation of Indian Industry (CII) has recommended that the Indian government maintain its fiscal deficit targets of 4.9% of GDP for 2024-25 and 4.5% for 2025-26. CII cautions against more aggressive targets, citing potential negative impacts on economic growth.