Feb 01, 2019 07:39:20 (IST)
The Modi government has said it is not averse to taking risk with fiscal deficit management; in other words, Piyush Goyal may announce heavy cuts in interest rates and favourable loans for small businesses, in addition to a massive farm loan waiver.
These election-year measures are, however, likely to have a ripple effect on fiscal deficit, or the difference between total revenue and total expenditure of the government.