New Delhi has slowly wrestled its fiscal deficit to 3.5 percent of GDP from 5 percent a few years ago, the deficits are actually widening at the state level.Profligate state-level spending could derail Modi's reform plans
New Delhi has slowly wrestled its fiscal deficit to 3.5 percent of GDP from 5 percent a few years ago, the deficits are actually widening at the state level.
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