WebSify
Follow us on
Mail
Print

Extra borrowing won't hit 2012/13 fiscal deficit: Chidambaram

Source : REUTERS
Last Updated: Fri, Mar 08, 2013 12:14 hrs
India's Finance Minister Chidambaram speaks in New Delhi

NEW DELHI (Reuters) - India's fiscal deficit for the current fiscal year ending on March 31, 2013, will not be altered by any extra borrowing, Finance Minister P. Chidambaram said on Friday.

In his budget speech last week, Chidambaram had said that the country's fiscal deficit for 2012/13 is expected at 5.2 percent of the gross domestic product.

(Reporting by Rajesh Kumar Singh; editing by Malini Menon)

blog comments powered by Disqus
most popular on facebook
talking point on sify finance