Economics

India Budget Deficit Seen Widening on Virus Relief Measures

  • Analysts say lower revenue, higher spending to hit finances
  • Government to exceed budget deficit estimate for fifth year
Photographer: Dhiraj Singh/Bloomberg
Lock
This article is for subscribers only.

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

India’s second wave of Covid-19 infections has set it on track to miss its budget deficit target for a fifth straight year.