Budget 2024: Fiscal consolidation, lower borrowing likely to be in kitty It said the government is likely to retain a capex target for FY25 at Rs 11.1 trillion, growth of 17% compared to FY24. # Business
Clear exit strategy, milestones needed for fiscal consolidation in coming years: RBI In 2020-21, fiscal deficit and outstanding liabilities are budgeted at 5.8 per cent and 70.5 per cent of GDP, respectively.