NEW DELHI (Reuters) - The Indian government on Thursday sought parliament's approval to spend a net additional 853 billion rupees ($13.14 billion) in new spending in the current fiscal year to end-March 2018, a finance ministry statement said.
This extra spending is unlikely to impact the country's fiscal deficit target for 2017/18 as India had raised the fiscal deficit target to 3.5 percent of gross domestic product from 3.2 percent earlier.
($1 = 64.9200 Indian rupees)
(Reporting by Nigam Prusty and Manoj Kumar; Editing by Malini Menon)
Disclaimer: No Business Standard Journalist was involved in creation of this content
