Centre must target 4.9% fiscal deficit in 2024 and continue consolidation, SBI Research suggests

New Delhi [India], July 8 (ANI): The government under Prime Minister Narendra Modi should focus on adherence to fiscal prudence and continue on the fiscal consolidation path, suggested SBI Research ahead of the much-awaited full Budget for 2024-25 to be tabled on July 23 - the first Budget under Modi 3.0.

The difference between total revenue and total expenditure of the government is termed as fiscal deficit. It is an ind