Business News
Home > Business News
Fiscal support for growth in 2020 decade likely to be lower, says report
TIWN
TIWN
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.
Add your Comment
Comments (0)
More Business News
- India’s industrial growth at 3.5 pc in July signals healthy recovery: Economists
- AI to unlock $500 billion opportunity for India’s tech services: Report
- India’s credit rating upgrade to boost investors’ confidence, drive foreign capital inflows
- Centre to update WPI, IIP; announces launch of new Producer Price Index
- S&P Rating's growth projection for India is no surprise: SBI Research