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Context: One of the most sought after details in any Union Budget is the level of fiscal deficit.
What are off-budget borrowings?
Comptroller and Auditor General report of 2019 points out, this route of financing puts major sources of funds outside the control of Parliament. Such off-budget financing is not part of the calculation of the fiscal indicators despite fiscal implications.
How are off-budget borrowings raised?
https://indianexpress.com/article/explained/why-govt-borrows-off-budget-and-how-7162925/
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