Populist expenditure may not hit govt’s fiscal deficit targets: Goldman Sach

Populist expenditure may not hit govt’s fiscal deficit targets: Goldman Sach

Mumbai: Populism during elections invariably dents government finances, but this time around it may not be the same, thanks to strong federal revenues and a liberal dividend payment by the Reserve Bank of India (RBI), Goldman Sachs said. There could be some expenditure cuts as well. It is likely that a cut in public capital … Read more