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Feb 01, 2022, 12:47PM ISTSource: TOI.in
Presenting the Union Budget, Finance Minister Nirmala Sitharaman said that the total expenditure in the next financial year will be around Rs 39.45 lakh crore against the total expected receipts except borrowings of Rs 22.84 lakh crore. Also, the revised fiscal deficit in the current year is estimated at 6.9% of the GDP. The fiscal deficit in the next financial year is estimated to be 6.4% of the GDP.
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