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Chidambaram says hopes to achieve 2013-14 fiscal deficit target

He said the government hopes to achieve and improve the current year's fiscal deficit target without compressing expenditure

Reuters Mumbai

India can achieve its fiscal deficit target of 4.8% in the current fiscal year ending in March 2014, finance minister P. Chidambaram said on Thursday.

He said the government hopes to achieve and improve the current year's fiscal deficit target without compressing expenditure, while he is also hopeful investments will pick up in remaining three quarters of the year. 

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First Published: Jun 06 2013 | 1:26 PM IST

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