Budget 2020:Macro-economic Framework Statement (MFS) 2020-21

News:In Budget 2020-21,Government of India has presented the Macro-economic Framework Statement(MFS) 2020-21. Facts: Key Highlights of the statement: The Macroeconomic Framework Statement(MFS) 2020-21 describes the return path of fiscal consolidation without compromising the needs of investment out of public funds. Fiscal Deficit:The government’s fiscal deficit for 2019-20 will be 3.8% of the gross domestic product(GDP)… Continue reading Budget 2020:Macro-economic Framework Statement (MFS) 2020-21