According to the Budget for 2021-22, the government's gross borrowing was estimated at Rs 12.05 lakh crore in the financial year beginning April 1
Fiscal deficit is likely to touch Rs 18.48 lakh crore or 9.5% of the GDP
Truthful economic data creates better and enduring trust in policy making and sends a signal to all economic agents that the government means business
The Union Budget for FY22 has budgeted Rs 6.66 lakh crore for distribution out of the net proceeds of central taxes (FY21RE: Rs 5.50 lakh crore)