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This Article is From Jun 06, 2013

India can achieve fiscal deficit target of 4.8 per cent: Chidambaram

He said the government hopes to achieve and improve the current year's fiscal deficit target without compressing expenditure, while he is also hopeful investments will pick up in remaining three quarters of the year.

Mumbai:

India can achieve its fiscal deficit target of 4.8 per cent in the current financial year ending in March 2014, Finance Minister P. Chidambaram said on Thursday.

He said the government hopes to achieve and improve the current year's fiscal deficit target without compressing expenditure, while he is also hopeful investments will pick up in remaining three quarters of the year.

Copyright: Thomson Reuters 2013

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