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Banks would rather lend to govt than give you cheaper loan

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If we project the fiscal deficit number for the first eight months for the entire financial year, it is likely to come to Rs 6,16,000 crore, which is Rs 1,00,000 crore more than the budgeted fiscal deficit. And if the banks continue to help the government as they have in this financial year, the government can keep running its huge fiscal deficit rather easily. Read More

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