Limited room to reduce fiscal deficit to 3% in FY18: Moody's

Limited room to reduce fiscal deficit to 3%
The agency expects the growth of gross value added (GVA) at basic prices to remain healthy in 2017, although such growth will ease somewhat to about 6.6% from around 7% in 2016, with a likely pick-up in second half of 2017. Image Source: ZeeBiz WebDesk

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