Govt manages to meet revised fiscal deficit target of 3.4 pc of GDP

Revised target has been met with help of expenditure savings and other measures including rollover of fuel subsidy, said sources.

India meets fiscal deficit target of 3.4 per cent via spending cuts: source

The government missed the tax collections target by over 1 trillion rupees.

Consumer prices rose at an annual rate of 2.80 per cent in March, up from 2.57 per cent in February.

Minister Suresh Prabhu said now start-ups too are providing huge job opportunities but the challenge is to capture that data.

Talking about avenues of growth for the next 20 years, the FM listed infrastructure creation, rural expansion and gender parity, among others.

Talking about growth avenues for next 20 years, finance minister listed infrastructure, rural expansion and gender parity.

Manned missions have been done before, and their utility value in the 2020s is somewhat questionable.

Economic Affairs Secy Subhash Chandra Garg said government will stick to fiscal deficit target of 3.4 pc of GDP for current fiscal.

The deficit, had moderated to USD 19.1 billion or 2.9 per cent of GDP in the preceding quarter (July-September).

Fitch Ratings cut India's FY19 GDP growth forecast to 7.2 per cent from 7.8 per cent on December 6.