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India to fully fund current account deficit in FY14: FM

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Reuters NEW DELHI
Last Updated : Aug 12 2013 | 3:56 PM IST

NEW DELHI (Reuters) - India expects to fully finance its current account deficit in the year ending in March, 2014, Finance Minister P. Chidambaram said on Monday, as the government tried to sooth nerves about its external finances after a sharp fall in the rupee.

Chidambaram also said the government will take steps to curb imports of gold, silver, oil and luxury goods.

(Reporting by Manoj Kumar and Rajesh Kumar Singh)

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First Published: Aug 12 2013 | 3:46 PM IST

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