Fiscal deficit would be 5.2 percent of GDP: Chidambaram

By
Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Related Articles

    Fiscal deficit would be 5.2 percent of GDP: Chidambaram
    New Delhi, Feb 28 (IANS) Finance Minister P.Chidambaram Thursday said the fiscal deficit for 2012-13 is estimated to be 5.2 percent of the gross domestic product (GDP).

    According to the finance minister, the targeted fiscal deficit is pegged at 4.8 percent for the upcoming fiscal.

    He further said that revenue deficit for the current fiscal is estimated to be 3.9 percent while that of the upcoming financial year would be 3.3 percent.

    "We must redeem our promise by reducing fiscal deficit by 3 percent by 2016-17," Chidambaram said, presenting the union budget 2013-14 to the lower house of parliament.

    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'
    India's LARGEST EVER political poll. Have you participated yet?

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more
    Change Settings Continue