COVID-19 impacts central govt's revenue in FY21 - Photos-1
Business Today
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COVID-19 impacts central govt's revenue in FY21

Total receipts have declined 24.2% in April-October 2020 compared to same period last year. Capital expenditure is 1.9% lower and only 48% of the budget estimate. Financing of the fiscal deficit is mainly by way of market borrowings.

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