- The government is aiming to reduce the budget deficit to 5.9% of GDP for 2023/24.
- The budget deficit was 6.4% in 2022/23, according to revised estimates.
- India will face challenges in meeting this fiscal deficit target.
Report highlights challenges India will face in meeting fiscal deficit target

- The government is aiming to reduce the budget deficit to 5.9% of GDP for 2023/24.
- The budget deficit was 6.4% in 2022/23, according to revised estimates.
- India will face challenges in meeting this fiscal deficit target.