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RBI Governor Shaktikanta Das on Saturday said the budget proposals will not have much inflationary impact as the government has by and large remained within the fiscal deficit roadmap set under the FRBM Act.
The Union Budget earlier this month raised the fiscal deficit target to 3.8 per cent of the GDP for 2019-20, from the 3.3 per cent pegged earlier, due to revenue shortage.
"The direct inflationary impact ...
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