Reuters India |
Finance secretary Mayaram defends 4.1 percent fiscal deficit target
Reuters India NEW DELHI (Reuters) – Finance Secretary Arvind Mayaram said that plans announced in this week's budget to stick to a fiscal deficit target of 4.1 percent of GDP are "very credible", despite criticism from ratings agencies that the number is optimistic. Finance secretary Arvind Mayaram defends 4.1 per cent fiscal deficit target Budget has brought in tax policies: Finance Ministry Budget 2014 offers lots to spur investments: Mayaram |