What recommendations were made by CII regarding fiscal deficit target adherence
CII urges the Centre to stick to the fiscal deficit target to avoid growth risks.
- CII recommends that the government adheres to the fiscal deficit target to mitigate potential risks to economic growth.
- Maintaining the fiscal deficit target would help in stabilizing the economy and fostering investor confidence.
- Deviation from the fiscal deficit target could lead to inflationary pressures, higher interest rates, and reduced private investments.
- CII emphasizes the importance of prudent fiscal management to ensure sustainable economic growth and stability.
- Sticking to the fiscal deficit target would also signal the government's commitment to fiscal discipline and long-term economic health.
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6 months ago