SBI Research projects fiscal deficit at 4.6% of GDP amid subsidy hikes and excise losses
- Posted on April 22, 2026
- By Financial Express
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SBI Research projects fiscal deficit at 4.6% of GDP amid subsidy hikes and excise losses

SBI Ecowrap pegs FY27 fiscal deficit at 4.6% of GDP, higher than Budget estimates, citing subsidy burden, excise cuts and rising support measures.