RBI surplus provides fiscal boost to Centre in a tough year

Provided all other budget assumptions regarding revenue and expenditure remain the same, the additional surplus from RBI will reduce the fiscal deficit as a percentage of nominal gross domestic product to 6.56% for 2021-22, compared to a budgeted target of 6.8%, Moneycontrol calculations show.

from Moneycontrol Economy News https://www.moneycontrol.com/news/economy/rbi-surplus-provides-fiscal-boost-to-centrea-tough-year_15105581.html
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