Highlights of the Economic Survey 2016-17 Volume-2

Published: 11/08/2017
Highlights of the Economic Survey 2016-17 Volume-2
Source: TAXGURU.IN

The fiscal outcome of the Central Government in 2016-17 was marked by strong growth in tax revenue, sustenance of the pace of capital spending and a consolidation of non-salary/pension revenue expenditure. This combination allowed the Government to contain the fiscal deficit to 3.5 per cent of GDP in 2016-17.

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