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After RBI bailout, doubts emerge on how govt will pay for schemes in future

PM Modi announced a flurry of ambitious programmes to win over voters; he now has to find resources to fund recurring expenses for farm income, employment guarantees and health access

Budget 2018: Fiscal deficit number to be close to target of 3.2% of GDP
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Vrishti Beniwal | Bloomberg
India's government is increasingly relying on one-time revenue measures to plug its budget gap, raising questions about how it will finance spending pledges further out. 

Finance Minister Nirmala Sitharaman is counting on a record $24 billion windfall from the Reserve Bank of India and a budgeted Rs 1.05 trillion ($15 billion) income from asset sales to fund the fiscal deficit of 3.3% of gross domestic product in the year through March 2020. 

She'll need more revenue next year to narrow that gap to 3% -- as mandated by law -- without compromising on spending. That may prove difficult since slower economic growth

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