Large fiscal deficit could be inflationary but not an immediate threat: Crisil Research

Large fiscal deficit could be inflationary but not an immediate threat: Crisil Research
IANS
Share
Font Size
Save
Comment
Synopsis

In terms of the growth, Crisil Research said the thrust on public investment will be positive for growth, not only in the short but also the medium term as it has a higher multiplier effect than revenue spending and augurs well for jobs.