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Mayaram sees current account gap below $35 bln in FY14

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Reuters MUMBAI
Last Updated : Apr 25 2014 | 9:37 PM IST

MUMBAI (Reuters) - India's current account deficit is expected to be less than $35 billion in the fiscal year that ended in March, said Finance Secretary Arvind Mayaram, who also heads the finance ministry's department of economic affairs.

India's current account deficit was $88 billion in the fiscal year 2012/13.

(Reporting by Neha Dasgupta; Editing by Sumeet Chatterjee)

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First Published: Apr 25 2014 | 9:23 PM IST

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