Fitch projects fiscal deficit to slip to 3.6 per cent in 2019-20 timesnownews.com

New Delhi: Fitch Solutions, the research arm of Fitch Group, Monday projected the government's fiscal deficit to overshoot the budgeted target by 0.2 per cent to 3.6 per cent of GDP in 2019-20 fiscal. It said that 2019-20 Budget appears to show a strong populist bent in the run-up to the General election due by May 2019. It is on expected lines considering that the ruling Bharatiya Janata Party (BJP) is looking to shore up its popularity following its loss of three strongholds in agrarian states at the November/December 2018 state legislative assembly elections, it stated.