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Primary deficit as a percent of GDP in India FY 2011-2021

In fiscal year 2021, the primary deficit as a share of GDP in India was projected to be over one percent. This figure stood at 0.9 percent in fiscal year 2019. Primary deficit indicates a government's borrowing requirements, excluding interest.

Primary deficit as a percent of GDP in India from financial year 2011 to 2019, with estimates until 2021

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Source

Release date

August 2020

Region

India

Survey time period

FY 2011 to FY 2020

Supplementary notes

*Revised estimate.
**Budget estimate.
India's financial year begins in April and ends in March. For example, FY 2018 started in April 2017 and ended in March 2018.

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