Fiscal Deficit to Expand to 4.3% of GDP: Dhananjay Sinha
Dhananjay Sinha, head of research- economist & strategist with Emkay Global Financial Services, says the government is likely to expand its fiscal deficit target to 4-4.3 per cent of gross domestic product (GDP) from fiscal deficit target of 3.5 per cent of GDP for 2016-17 as the nominal GDP in FY16 will be much lower.
