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Arun Jaitley: more confident of achieving fiscal deficit target

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Reuters NEW DELHI

NEW DELHI (Reuters) - Finance Minister Arun Jaitley said on Saturday he was more confident now of achieving a target to narrow fiscal deficit to 4.1 percent of gross domestic product in the year to March 2015.

Many private economists consider the deficit target optimistic, citing weak tax receipts in a sluggish economy and high federal expenditure commitments.

(Reporting by Rajesh Kumar Singh; Writing by Devidutta Tripathy)

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First Published: Aug 30 2014 | 4:02 PM IST

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