Reuters logo
BRIEF-Moody's says India's FY2018 budget emphasizes fiscal prudence
February 3, 2017 / 4:16 AM / 8 months ago

BRIEF-Moody's says India's FY2018 budget emphasizes fiscal prudence

Feb 2 (Reuters) - Moody‘s:

* India’s FY2018 budget emphasizes fiscal prudence, continued gradual consolidation

* India’s FY2018 budget provides modest economic support for low-income households; benefits the infrastructure sector

* The budget is positive overall for business

* State deficits could widen, resulting in a higher overall general government deficit than expected.

Source text for Eikon:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below