India’s Extra Borrowing Likely to Widen FY21 Budget Gap to 5.5%
A fruit vendor pushes a cart past a store in Bangalore, India. (Photo: Sanjit Das/Bloomberg)

India’s Extra Borrowing Likely to Widen FY21 Budget Gap to 5.5%

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(Bloomberg) -- India’s fiscal deficit is likely to be around 5.5% of gross domestic product for the year ending March 2021 after the government decided to increase its borrowing program to tackle t...