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The Economic Times
The Economic Times

India's higher nominal GDP growth may help contain fiscal pressures despite global risks: EY

New Delhi: India's higher nominal GDP growth in FY27 is likely to help the government keep its fiscal deficit under control despite global uncertainties, according to EY India's latest "Economy Watch" report.

The report said that while real economic growth may moderate from FY26 levels amid global headwinds, higher inflation is expected to lift nominal GDP growth, supporting tax collections and helping the Centre manage its finances.

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