<h1>Finance Minister Sets Fiscal Deficit Targets: 4.1% for 2014-15, Aiming for 3% by 2016-17 Amid Economic Challenges.</h1> The Finance Minister announced a fiscal deficit target of 4.1% for 2014-15, with plans to reduce it to 3.6% in 2015-16 and 3% in 2016-17. Despite challenges such as low GDP growth, stagnant industrial growth, high subsidies, and uncertain tax revenues, these targets are set. The minister highlighted additional concerns like the Iraq crisis affecting oil prices, unpredictable monsoons, and the issue of black money. To address these challenges and stimulate economic growth, the government plans to implement bold measures.