While acknowledging that states may face difficulties in raising resources due to Covid-19, 15th finance commission chairman N K Singh on Friday said that they can seek to amend the law to raise fiscal deficit from the mandated 3% of GDP (gross domestic product) to a higher level, although the Centre will need to be on board.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3aCvxAz
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