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Fiscal Deficit to be Contained at 4.6 Per Cent of GDP in 2013-14
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....iscal Deficit to be Contained at 4.6 Per Cent of GDP in 2013-14 <br>News and Press Release<br>Dated:- 17-2-2014<br><BR>The fiscal deficit for the financial year 2013-14 will be contained at 4.6 per ce....
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....nt of GDP. Stating this in his Interim Budget speech for the financial year 2014-15, the Finance Minister, Shri P. Chidambaram, said that the Current Account Deficit (CAD), that threatened to exceed l....
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....ast year's CAD of USD 88 billion, will be contained at USD 45 billion. The Finance Minister further stated that about USD 15 billion is expected to be added to the foreign exchange reserves by the end....
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.... of the financial year 2013-14. Shri Chidambaram said that due to the efforts of both the Government and the RBI, the WPI inflation stood 5.05 per cent at the end of January 2014 where as the core in....
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....flation was 3.01 per cent. This is lower than the WPI inflation figure of 7.3 per cent and core inflation of 4.2 per cent for the same period last year. The Finance Minister admitted that the food inf....
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....lation continues to be a matter of concern although it has declined sharply from a high of 13.6 per cent to 6.2 per cent.<BR> News - Press release - PIB....