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Fiscal support for growth in 2020 decade likely to be lower, says report

Mumbai, Jan 23 (TIWN) The fiscal support toward economic growth in the 2020 decade is expected to be lower than in the previous corresponding period, Motilal Oswal Financial Services said in a report.

According to the report, the likely lower support will be caused due to Centre's efforts for fiscal consolidation. Notably, the report pointed out that government has shown 'remarkable' resistance to any major stimulus, which provides further confidence that Centre's finances could improve consistently over the next decade.

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