The Indian government has sought parliamentary approval for an additional net expenditure of ₹51,463 crore for the current fiscal year, on top of a previous approval of ₹44,143 crore. Despite this, the fiscal deficit is expected to be contained at 4.8% of GDP due to higher nominal GDP estimates. The Indian government has sought parliamentary approval for an additional net expenditure of ₹51,463 crore for the current fiscal year, on top of a previous approval of ₹44,143 crore. Despite this, the fiscal deficit is expected to be contained at 4.8% of GDP due to higher nominal GDP estimates. Economic Times
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