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Fiscal Deficit Retained at 3.9 percent in RE 2015-16 and at 3.5 percent in BE 2016-17

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....iscal Deficit Retained at 3.9 percent in RE 2015-16 and at 3.5 percent in BE 2016-17 <br>Budget<br>Dated:- 29-2-2016<br><BR>Adhering to the fiscal targets, the fiscal deficit in RE 2015-16 and BE 2016....

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....-17 have been retained at 3.9% and 3.5% of GDP respectively. While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that he has weighed the p....

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....olicy options of either in favour of fiscal consolidation and stability or for a less aggressive consolidation and for boosting growth. He has decided that prudence lies in adhering to the fiscal targ....

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....ets but while doing so, it has been ensured that the development agenda has not been compromised.<BR> News - Press release - PIB....