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Budget: Tough balancing act for govt, says Report
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PHOTO : TIWN
New Delhi, Jan 27 (TIWN) The Budget 2021-22 may see the trade-off to become more acute between stimulating growth, and maintaining fiscal rectitude, Kotak Institutional Equities said in a pre-budget note.
The Covid-19 pandemic disruptions has pushed down the country GDP growth into the negative zone in two successive quarters and projections are that GDP may contract over 7 per cent in FY21.
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