Government hopeful of containing fiscal deficit

December 14, 2012 13:04

The government is confident of meeting the fiscal deficit target of 5.3 per cent in the current fiscal and the steps to boost investments have already started showing green shoots of revival, a top finance ministry official said today.

"5.3 per cent is the fiscal deficit target for this year. And 5.3 per cent it shall be," department of economic affairs Secretary Arvind Mayaram said.

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