Fiscal impact of stimulus measures to be around 0.25-0.6 pc of GDP in FY21, say experts
The fiscal impact of the stimulus is likely to be around 0.25-0.6 per cent of GDP in the current fiscal, they said.
The fiscal impact of the stimulus is likely to be around 0.25-0.6 per cent of GDP in the current fiscal, they said.
The agency noted that many discoms in India have weak financial health owing to excess debt, loss-making operations, and high transmission and distribution (T&D) losses of more than 15 per cent.
The decision is taken with an aim to give a boost to government’s ‘Make in India’ in the sector of defence production.