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Need gradual fiscal glide path post FY26, says StanChart's Sahay

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Need gradual fiscal glide path post FY26, says StanChart's Sahay

This story was originally published at 20:44 IST on July 19, 2024  Back
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By Shubham Rana and Priyasmita Dutta

The government should pursue a gradual fiscal consolidation path once it brings down the fiscal deficit to below 4.5% of GDP by 2025-26 (Apr-Mar) as there still exists a large requirement of public capital spending, according to Anubhuti Sahay, head of India Economic Research at Standard Chartered.

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