India seen facing a shortfall in total revenue for current financial year: Nomura

Despite a pickup in tax collections following the reopening of India's economy, it is also "significantly behind" its targets on non-tax revenue and disinvestment, says Sonal Varma of Nomura Holdings. She adds that there's still a "large funding gap" even with revenue collections picking up.
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Fri, Nov 13 20203:24 AM EST