FinSights: Week 4
The GOI has set the fiscal deficit target for FY20 at 3.3% of GDP. According to the rating agency Fitch, a cut in corporate tax rate is expected to widen the fiscal deficit. The government divestment in PSUs is a potential source of funds to narrow the deficit.
Check out our latest post on Instagram for some FinSight on "PSU Divestment".Link