India's fiscal deficit down to 4.9% for FY 2013

Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    The government has managed to bring down the fiscal deficit for the 2012-13 to 4.9 percent of Gross Domestic Product, as against estimates of 5.2 per cent, according to news reports.

    The drop in the fiscal deficit was largely on account of the government's ability to boost revenues. The fiscal deficit had hit 5.8 per cent in the previous fiscal year.

    GoodReturns.in

    Read more about: gdp fiscal deficit
    Story first published: Friday, May 31, 2013, 13:03 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    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