<h1>Economic Survey Highlights Fiscal Discipline: Deficit at 4.5% of GDP, Inflation at 5.98%, Emphasizes Tax-GDP Ratio Increase.</h1> The fiscal deficit for 2013-14 was contained at 4.5% of GDP, while the Wholesale Price Index inflation fell to a three-year low of 5.98%. Consumer Price Inflation also showed signs of moderation, with both indices expected to decline further. The Economic Survey emphasized the importance of fiscal consolidation, recommending an increase in the tax-GDP ratio rather than merely reducing the expenditure-GDP ratio. Proactive policy measures enabled the government to maintain fiscal discipline during this period. Additionally, the total outstanding liabilities of central and state governments decreased as a proportion of GDP.