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From THE HINDU group of publications Sunday, September 03, 2000 |
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Bonds & FDs
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Combined GFD of Centre and State goes up
The combined gross fiscal deficit (GFD) of the Centre and the States in 1999-2000 rose to 9.9 per cent of GDP (Rs. 1,93,471 crores) as against the budget estimate (Rs. 1,48,581 crores).
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