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Jaitley's Big Dilemma: Cross the Fiscal Deficit Line or Not

File Photo: Finance Minister Arun Jaitley
File Photo: Finance Minister Arun Jaitley
Whether Finance Minister Arun Jaitley sticks to the fiscal roadmap, which mandates the government to narrow deficit to 3.6 per cent of GDP in 2015-16, is being widely debated ahead of the Budget. Some government advisors want Mr Jaitley to go soft on the fiscal roadmap as this will provide the government with more resources to boost spending on infrastructure to jump-start economic growth. Samir Arora, fund manager at Helios ...
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