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Govt committed to 4.1% fiscal deficit target for FY 15: Arvind Subramanian

The Chief Economic Advisor, Arvind Subramanian today said, government is committed to meeting the fiscal deficit target of 4.1 percent in next financial year. Addressing media after releasing the mid- term economic analysis in New Delhi, Mr Subramanian said, the government has taken many steps in t...


Government forecast economic growth at 5..5% this year

The GDP growth in the current fiscal is expected to be around 5.5 per cent from 4.7 per cent last year on back of improving macro-economic situation. According to Mid-year economic analysis tabled in Parliament today, the investment is yet to pick up significantly. However, it noted that...


GDP growth in current financial year expected to be around 5.5%

The GDP growth in the current financial year is expected to be around 5.5 per cent. Mid-year economic analysis tabled in Parliament, today, said the investment is yet to pick up significantly. However, it noted that on the up side inflation has come down. It said the backlog of stalled projects need...


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