Fiscal Deficit To Be Reduced to 4.1% of GDP In FY15

  Finance Minister P Chidambaram set a fiscal deficit target of 4.1% of GDP for 2014-15 while presenting the vote-on-account in Parliament today, and added that the deficit could be contained at 4.6% of GDP in 2013-14.   Chidambaram said: “Let me begin with the good news. Fiscal deficit for 2013-14 will be contained at … Continued