Economics

India to Meet Budget Gap Aim on Revenue Buoyancy, Adviser Says

  • Revenue receipts are already a fifth of full-year target
  • Government following up LIC IPO ‘very seriously’: Subramanian
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India will meet its fiscal deficit target this year on the back of strong tax collections and asset sales, the finance ministry’s top adviser said, trying to allay fears of a blowout after the second coronavirus wave hit the economy.