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Budget unlikely to have much inflationary impact: Das


The government has utilised 'escape clause' under the Fiscal Responsibility and Budget Management (FRBM) Act, which allows the Centre to breach its fiscal deficit target by 0.5 percentage points at times of severe stress in the economy, including periods of structural change and when growth falls sharply.

New Delhi: 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 ...


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