The Budget 2013-14 will not impact India's sovereign ratings, although the country could find it challenging to meet its fiscal deficit target of 4.8 per cent for the next fiscal year, said Fitch Ratings sovereign analyst Art Woo.
Mr Woo told Reuters Fitch continues to maintain its 'negative' outlook and India's 'BBB-minus' rating.
"I wouldn't say it's unrealistic. I think it's just going to be challenging," said Art Woo in a phone interview, referring to India's fiscal deficit target of 4.8 per cent.
Copyright @ Thomson Reuters 2013
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