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Finance panel won't accept Centre's GDP forecasts, says N K Singh


The medium-term fiscal policy statement, tabled as part of the Union Budget 2019-20, forecasts nominal GDP for 2019-20 to grow 11 per cent year-on-year

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The Fifteenth Finance Commission (FC) is not obliged to accept nominal gross domestic product (GDP) forecasts given by the central government and will make its own judgement, FC Chairman N K Singh said on Friday.

Singh said he would meet state finance ministers at the next Goods and Services Tax (GST) Council meeting on September ...


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