Profit

Is fiscal deficit heading to 9%?

PUBLISHED ON: June 3, 2008 | Duration: 3 min, 05 sec

  
loading..
It was way back in 2002 that the Fiscal Responsibility and Management Act was passed by parliament with a target of wiping out revenue deficit by 2008 and bringing down fiscal deficit to 3 per cent. Ironically, as we head closer to that deadline, the government's finances are only getting worse, instead of getting better.
ALSO WATCH
Tax Assessment For Sonia, Rahul Gandhi To Continue, Says Supreme Court

................................ Advertisement ................................

................................ Advertisement ................................